Anyone have concerns about this causing the alt coin market to crater? How much time do we have till the SEC makes their move? Also, what happens if an exchange were to shut down? Do the coins just go poof?
The US is doing what it has to at the exchange "choke points" into fiat, but it's kind of like sticking your finger into a failing dam; the ICOs and tokens will just move to the countries where they can continue to operate.