Congressman Finalizing on Draft Bill to Exempt ICOs from Security LawsCongressman Finalizing on Draft Bill to Exempt ICOs from Security Laws
By Mary Kihoro - December 6, 2018

Bitcoin Bull and US Congressman, Warren Davidson, has disclosed that he’s finalizing on a draft bill that will create an asset class for tokens so that they aren’t classified as securities. The news come in the wake of SEC’s increasing crackdown on ICOs and social media influencers supporting crypto projects. There’s increasing pressure from both Democrats and Republicans who want the US SEC to spell out the regulations governing cryptocurrencies.