Too Long; Didn't Read
It was just a matter of time before the so-called “exchanges” were targeted by regulators. The writing has been on the wall for months. First SEC Chairman Jay Clayton <a href="https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11" target="_blank">warned exchanges</a> to register or seek an exemption, such as becoming a Broker Dealer and using an Alternative Trading System. Then there was a <a href="https://www.sec.gov/news/public-statement/enforcement-tm-statement-potentially-unlawful-online-platforms-trading" target="_blank">bulletin</a> alerting the general public that exchanges trading cryptocurrencies and unique digital tokens issued by companies in an ICO are going to be regulated or shut down.