Update:

US Lawmakers on Capitol Hill are demanding the SEC finally provide ICO's with clear indisputable guidelines as to what will classify them as a 'security' investment or not.To the surprise of some - the congressmen want to make sure the ICO market is allowed to flourish! Stating first:The letter to the SEC comes from congressmen Ted Budd, Warren Davidson, Tom Emmer and Darren Soto - and is signed by 11 other supporting representatives, and continues...It's been a great month for the future outlook of the cryptocurrency markets, and while there's potential for anything to happen, we've been surprised as more and more lawmakers have expressed pro-cryptocurrency positions. Enough now where we believe future regulations will help more than hurt.It appears enough lawmakers grasp that cryptocurrencies will play a large role in the future online and global economies - any law that keeps US companies or citizens out, hurts the nation in the long run.