Major Crypto Investors Request Token Oversight Exemption In Meeting With SEC
Cointelegraph
Published Apr 19, 2018 08:04PM ET
Updated Apr 19, 2018 09:32PM ET
Major Crypto Investors Request Token Oversight Exemption In Meeting With SEC
Top cryptocurrency investors Andreessen Horowitz and Union Square (NYSE:SQ) Ventures urged the US Securities and Exchange Commission (SEC) to consider a cryptocurrency exemption at a private meeting, the Wall Street Journal reports April 19.
The Silicon Valley-based venture capital firms met with top officials of the SEC’s Division of Corporation Finance, which regulates Initial Coin Offerings (ICOs), to argue against stringent cryptocurrency regulations that they claim would impair the development of the young growing industry.
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Written By: Cointelegraph
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