Today in brighter crypto news: SEC says tokens are securities

INSUBCONTINENT EXCLUSIVE:
Crypto news got a little boost last week after a dark month of crashes, stablecoins and birthdays
The SEC ruled that two ICO issuers, CarrierEQ Inc
the SEC
release:Airfox, a Boston-based startup, raised approximately $15 million worth of digital assets to finance its development of a
for data by interacting with advertisements
Paragon, an online entity, raised approximately $12 million worth of digital assets to develop and implement its business plan to add
blockchain technology to the cannabis industry and work toward legalization of cannabis
Neither Airfox nor Paragon registered their ICOs pursuant to the federal securities laws, nor did they qualify for an exemption to the
theory, used within the company ecosystem
Future ICOs, at least in the United States , would do well to keep this in mind.