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RE: Breaking News: SEC Planning Creation of "Cyber Unit" With ICO Oversight
I'm not sure if it's good or bad, though I think it would be best if cryptocurrencies were fully decentralized, meaning authorities like governments didn't attempt to control them. However, there have been many ICO scams and criminal trades in the past, so it may be somewhat helpful. I can see why this topic is pretty controversial.
There are already some rules such as KYC (Know Your Customer) and AML (Anti-Money Laundering) that the US enforces on crypto exchanges, but I think the Cyber Unit will oversee the creation of new rules like those.
The issue is, if you want to do any kind of business in USA, must deal with the crimelords too. That the sec is finally making a move on crypto is a sign of maturity for the market.
Feel free to check this article I just published a few days ago:
https://steemit.com/deepthink/@inquiringtimes/does-the-steem-blue-paper-respond-to-a-recent-decision-by-the-sec-to-consider-some-crypto-currencies-securities