Are ICO Tokens Securities? Startup Wants a Judge to Decide – The Wall Street Journal

A Canadian social-media startup is gearing up to challenge Washington’s ability to regulate the fledgling cryptocurrency industry.

Social-media startup Kik Interactive Inc. of Waterloo, Ontario, plans to fight an expected enforcement action from the Securities and Exchange Commission over a 2017 initial coin online offering, Chief Executive Ted Livingston told The Wall Street Journal, setting the stage for a legal battle that could have broad ramifications for the digital-currency market.


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