Analysis Left Unsaid: What’s Missing from the SEC’s New ICO Guidelines? The SEC released guidance on token sales at the beginning of April. Has the ICO landscape changed as a result?

In the United States, many questions remain around the legal asepcts of the cryptocurrency industry. While the country may not have the slowest legislative system in the world, it certainly doesn’t have the fastest or most agile–therefore, when any US government body even hints at some aspect of crypto regulation, the whole world stands at attention.

In early April, the United States SEC published a set of guidelines for ICOs that had been in the works for nearly half a year. The framework focused on token classification, explaining the circumstances in which cryptocurrencies may be legally considered to be securities.