Outcome of Kik’s Case against SEC will Affect Other Cryptos – Weiss Ratings

  • Following Kik’s Challenge of SEC in court over its KIN ICO, Weiss Ratings has observed that the decision of the court concerning the case will be of great impact on other cryptocurrencies that have similar underlying technology.
  • According to a post on Weiss Ratings Twitter page,
    “Messaging app #Kik is going to court after #SEC deemed its #ICO to be an unregistered security.
  • This is similar tech to that of #XLM and #XRP, so the final result may affect these as well.
  • Case against SEC will Affect Other Cryptos – Weiss Ratings appeared first on Coingape.

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