> The SEC hasn’t made a firm move in the U.S. yet — despite making announcements What they've done is very gentle soft-touch stuff. They've been calling ICO pr

> The SEC hasn’t made a firm move in the U.S. yet — despite making announcements What they've done is very gentle soft-touch stuff. They've been calling ICO promoters and strongly suggesting they get their legal ducks in a row. https://davidgerard.co.uk/blockchain/2017/09/01/the-sec-told-you-it-was-watching-now-its-calling-ico-promoters-protostarr-benjacoin/ https://davidgerard.co.uk/blockchain/2017/09/01/the-sec-told... Protostarr - who hadn't consulted a lawyer at all - shut down and returned the money; BenjaCoin went "actually we're good" and has argued such to the SEC. The SEC's approach is considerably softer-touch than most people expected - but despite the rantings of crypto paranoiacs, the government is not in fact there to harsh your mellow. Point 3 of the SEC’s mission statement is "facilitate capital formation" - they explicitly see their job as helping you get rich! But of course, point 2 is "maintain fair, orderly, and efficient markets," and point 1 is "protect investors".