[kelnos]

The SEC is more concerned with actual economic outcomes rather than ticking off boxes on a requirements checklist. If the ICO community is willing to do a good job self-regulating, then the SEC might decide to be more hands-off. If there's rampant fraudulent behavior going on then they're going to step in.

I honestly think this is a good thing. Most people's (understandable) knee-jerk reaction to big regulatory bodies is to roll their eyes and get pissed at the cost of government interference, but these two fraudulent ICOs is a fine reminder of why we have bodies like the SEC, and of how completely screwed over investors could be without them.

[Pyxl101]

Yes. The SEC's involvement in the cryptocurrency space has been very reasonable so far. They're really trying hard to understand the new technology developments and regulate them appropriately, and not just be curmudgeons.

Good job SEC.