Today, Jan. 4, the North American Securities Administrators Association (NASAA) released a warning for Main Street investors regarding the risks associated with cryptocurrencies and Initial Coin Offerings (ICOs).
The warning was promptly followed by a statement from the US Securities and Exchange Commission (SEC) that commended and reiterated the NASAAs message.
The NASAA statement encouraged investors to look beyond the hype when considering cryptocurrencies and their derivatives, in order to better understand the associated risks.