Regulators in US, Canada Participate in NASAA’s Coordinated ICO Crackdown

[kreslik.news]

Several financial regulators have announced their support for an international crackdown on fraudulent ICOs and cryptocurrency-related activities, which was recently coordinated by the North American Securities Administrators Association (NASAA).

As part of NASAA’s crackdown, more than 40 state and provincial securities regulators in the U.S. and Canada‎ issued a series of consumer alerts to raise public awareness and urge caution when investing in token sales. In addition, nearly 70 inquiries and 35 ICO-related enforcement actions have been announced during the last three weeks.

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Many NASAA members also are conducting public outreach initiatives ... (read more)