Was the SEC/CFTC Hearing Positive Towards Cryptocurrencies? Are ICOs the Target?

Tension Builds Up!

The long-awaited SEC and CFTC hearing regarding cryptocurrencies was embraced with caution and uncertainty. The markets echoed this, with the price of Bitcoin briefly dipping below $6,000, as the industry feared the worst.

However, to the surprise and relief of many, the hearing was a positive one, with officials carefully acknowledging blockchain technology as intrinsic and stating that the industry must be allowed to evolve respectfully.

READ THE REST HERE https://crushthestreet.com/articles/digital-currencies/sec-cftc-hearing-positive-cryptocurrencies-icos-target