The cryptocurrency market is going through one of the most difficult periods in its history, as it recently touched 13-month lows. Aside from the “civil war” in the Bitcoin Cash community, one of the key drivers behind the bearish sentiment is the increased fear of tighter regulation, especially from the US Securities and Exchange Commission. Market participants are concerned that the SEC might put too much pressure on firms connected to initial coin offerings (ICOs).

Last week, we reported that the SEC required two ICO companies, Paragon and Airfox, to register their tokens as securities and return funds to harmed investors. This was a first for the US securities regulator. A week earlier, the SEC created another precedent – it

This article appeared first on Cryptovest

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