SEC reviewing BTC ETFs decision: could utility tokens be far behind?
According to Fox Business, the SEC has announced it will review the decision to reject BTC ETFs. This touches on the topic discussed with Mavatar co-founder and CEO’s Susan Akbarpour on Varney & Co. show two weeks ago.
In her segment on the financial show, Susan explained the advantage of utility tokens for the U.S. economy and technology applications and how countries who are dragging their feet on ICO, defining utility tokens and crypto regulations stand to lose out.
Switzerland, Poland, Singapore and several other countries already have implemented legislation to categorize cryptocurrencies and to regulate ICOs causing U.S. entrepreneurs and developers to take their enterprises overseas.
Read the full Fox Business article here.