Exchanges Facilitating IEOs may be Violating Laws

5 Jun, 2019 13:56
source: 香港奇点财经 Singularity Financial

Senior advisor for digital assets at the United States Securities and Exchanges Commission (SEC) Valerie Szczepanik said at Coindesk’s Consensus 2019 conference that exchanges facilitating initial exchange offerings (IEOs) may be violating the securities laws.

“If they are not registered they will find themselves in trouble in the U.S., if they have a U.S. issuer or U.S. buyers, if they are operating on the U.S. market,” Szczepanik told Bloomberg.

Binance, OKEx, Bittrex and KuCoin are among the list.