The SEC has seen higher-quality proposals for initial coin offerings as its officials have talked with more regulation-savvy advocates for the digital fundraising tools in the past few months, an agency official said May 23.
Entrepreneurs behind ICOs now often are using regulatory lawyers who can help them have better interactions with the Securities and Exchange Commission, Valerie Szczepanik, head of the SEC’s distributed ledger technology working group, said at the Financial Industry Regulatory Authority’s annual conference in Washington.
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