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SEC Chief Jay Clayton has placed many restrictive inquiries to that the SEC won't be creating special allowances either for tokens likes #Bitcoin, that represent the worth of a project or for the bulk of initial coin offerings (IOC), occurring to mention within the interview that the majority ICOs are selling securities. https://cryptoworld.news/2018/06/07/sec-chairman-clayton-clarifies-bitcoin-isnt-flexible-enough-accommodate-icos/
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