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US clamps down on red-hot digital coin offerings

The SEC says firms that raise money through the sale of these assets must now adhere to federal securities laws

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Regulators in the US said they have jurisdiction over one of the hottest new areas of finance: initial coin offerings (ICOs) of digital currencies.

Los Angeles

REGULATORS in the US said they have jurisdiction over one of the hottest new areas of finance: initial coin offerings (ICOs) of digital currencies.

Companies that raise money through the sale of digital assets must adhere to federal securities laws, the Securities and

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