The recent record has revealed that many big players in the cryptocurrency industry have been invited to a conference in purchase to deliberate on issues regarding the regulation of Initial Coin Offerings (ICOs) in the United Says. 

Thirty-two crypto-related companies, including Ripple, Kraken, CME Group, Coin Middle, ICE, and Circle received the invitation from All of us Congressman Warren Davidson, a man who is known to have a eager interest in the crypto space with many positive responses relating to ICOs and virtual currencies.

The congressman intends to “lead” the ICO laws. He feels that the absence of control is usually the principal cause why the US crypto marketplace appears dangerous and hazardous; hence offering rooms for fraudulent coin offerings. According to him during an interview with CNBC, a “light contact regulatory system” would offer “certainty for the ICO marketplace.”

The SEC turned down the application stating that the ETF is not in line with the Securities Exchange Act. The government bodies also known to a latest educational research paper that stated that the cost of BTC could become put through to manipulation. Nevertheless, Securities and exchange commission's Commissioner Hester Peirce disagreed with the decision publicly.

In the end no month can be for crypto. Because any time market can change. So the results  make the month of crypto.