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US: SEC Official Says ICO Regulation Should Be ‘Balanced’, Congressman Suggests Ban

Published 04/28/2018, 08:03 AM
Updated 04/28/2018, 09:32 AM
US: SEC Official Says ICO Regulation Should Be ‘Balanced’, Congressman Suggests Ban

In a hearing at the US House of Representatives on Thursday, April 26, a regulator from the US Securities and Exchange Commission (SEC) and House Financial Services Committee members hotly disagreed over whether a “balanced approach” could be taken in regulating Initial Coin Offerings (ICOs).

At the start of the hearing, entitled “Oversight of the SEC’s Division of Corporation Finance”, William Hinman, the director of the SEC’s Division of Corporation Finance, said that the area of digital assets and ICOs “continues to evolve”:

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