Ohio Congressman Wants to Allow ICOs to ‘Sidestep’ Securities Laws

Ohio Congressman Warren Davidson plans to introduce a bill that would allow Initial Coin Offerings (ICOs) to “sidestep” U.S. securities laws, according to a report from Washington Examiner Nov. 13.

Citing a spokesman for Davidson – Republican congressman for the 8th district of the state of Ohio – the publication reports that the prospective bill would propose that ICOs be treated as products rather than as securities at the federal and state level.

Continue Reading on Coin Telegraph

Like this: Like Loading...