This has no relevance to the discussion. I have been in since 2012 during the days of Ripple with their XRP coin, which that was before Ethereum was a thing and before the exchanges complied with regulations like AML/KYC.
> There is more ICO fundraising in the latest cycle than 2018.
Where is the source for this?
Even if you have one, there is a reason why ICOs now are doing KYC on their investors and avoiding giving these tokens and offerings to individuals in the US.
My point is, they are registering investors to comply with regulations in order to avoid going on the list of investigations [0] by the SEC and claiming that the SEC is doing 'completely nothing' about crypto since 2017 is dishonest. Especially when there are sources that have been posted that have contradicted the OP's absolutist claim.
This has no relevance to the discussion. I have been in since 2012 during the days of Ripple with their XRP coin, which that was before Ethereum was a thing and before the exchanges complied with regulations like AML/KYC.
> There is more ICO fundraising in the latest cycle than 2018.
Where is the source for this?
Even if you have one, there is a reason why ICOs now are doing KYC on their investors and avoiding giving these tokens and offerings to individuals in the US.
My point is, they are registering investors to comply with regulations in order to avoid going on the list of investigations [0] by the SEC and claiming that the SEC is doing 'completely nothing' about crypto since 2017 is dishonest. Especially when there are sources that have been posted that have contradicted the OP's absolutist claim.
[0] https://www.sec.gov/spotlight/cybersecurity-enforcement-acti...