The 2017 DAO Report and Its Impact on Cryptocurrencies

Reading Time: 2 minutes The 2017 DAO report from the SEC changed the landscape of ICO token sales This was the moment the SEC ruled that tokens from DAOs should be considered securities The ruling it still being debated in court today In 2017 the Securities and Exchange Commission released a long-awaited report on the nature of Decentralized Autonomous Organizations (DAOs) and a ruling as to whether tokens sold as part of their fundraising efforts should be classed as securities. Almost four years after its release we review the contents of the DAO report and its ramifications for the cryptocurrency space. The History The
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