SEC Chairman Jay Clayton: "I want to go back to separating ICOs and cryptocurrencies. ICOs that are securities offerings, we should regulate them like we regulate securities offerings. End of story."
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So, no securities are cryptocurrencies and no cryptocurrencies are securities. Got it. Would the SEC care to bucket, say, the top 20 by market cap so we can get a better idea of how they're going about determining what is a security?
Are there statutes of limitations for going after ICO’s ? What’s the timeframe?