Too Long; Didn't Read
The free ride of the regulation-free ICO market is quickly screeching to a halt. Regulators are coming to grips with blockchain tokens, and they are beginning to <a href="https://howtotoken.com/explained/the-ico-crackdown-what-does-it-mean-for-future-tokens/" target="_blank">stamp their authority</a> on the Wild West crypto economy. Every action and statement from regulators at this point is a crucial indicator as to how ICOs will be regulated in the future. As we’ll see, one of those indicators is that many tokens currently offered in ICOs are <a href="https://en.wikipedia.org/wiki/Security_%28finance%29" target="_blank">securities</a> and fall under securities laws.