#SECCryptoRoundtable

There is a significant conflict surrounding cryptocurrencies between companies and the U.S. government, represented by the Securities and Exchange Commission.

Summary:

Some say that cryptocurrencies are commodities, like gold or oil, and not securities.

The U.S. government, represented by the Securities and Exchange Commission, says no, they are securities and must be registered and subject to certain laws.

So if the government wins, companies dealing in cryptocurrencies will face major conflicts; they will need to register their investments within a legal framework and provide documents and information.