"The SEC has resolved the turnover of seven crypto-currencies used in ICO, which will be traded in pairs.
Bitcoin (BTC),
Lightcoin (LTC / USD)
Bitcoin and Litecoin was not started with any scammy ICO were never even close to be a securities. You most likely read it wrong or they had really bad advisers.
*Used in*
What OP means is, these crypto currencies are legalized and can be used by ICOs for holding sales.
SEC also allowed some of the ICOs to hold sales, like 5 out of 50 ICOs that applied.
Yup, a very good new for the crypto sphere, lets hope that other governments follow this too :v
Yes I understand now. But is still really strange since 5 other coins are securities. you cant compare them with Litcoin and bitcoin.