Bitcoin craze fuels more SEC oversight


bitcoin, private equity, venture capital, cryptocurrency, Shamoil Shipchandler, SEC, regulation
SEC official Shamoil Shipchandler speaks at PartnerConnect Southwest Dec. 6, 2017. Photo by Alastair Goldfisher, VCJ.
  • Shipchandler likens bitcoin to an unregistered security
  • Agency intends to regulate asset class
  • VC, family offices, wealthy investors interested in sector
The SEC intends to develop regulatory oversight over cryptocurrencies as the number of coin offerings and volume of capital being raised explode, a member of the agency said. Shamoil Shipchandler, regional director of the SEC’s Fort Worth Regional Office, likened bitcoin ...

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