Has the Cryptocoin Market Met Its Match in the SEC?

More than 180 coin offerings are expected to launch in March, according to an estimate from research firm Token Report. That would exceed January’s total of 175 and fall only a bit below February’s 197 offerings. But the March projects are expected to raise only $795 million, a 45% decline from February’s $1.44 billion.

Despite the March slowdown in completed deals, the first quarter is still on pace for roughly $3.6 billion in ICO fundraising, according to Token Report, which would be more than half of the $6.6 billion raised in 2017.

Another change: more ICOs are limiting their sales to institutions and millionaires, which allows them to avoid most SEC requirements.

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