Does Kik Stand a Chance Against the Goliath of the SEC in a US Court? – Cointelegraph

Does Kik Stand a Chance Against the Goliath of the SEC in a US Court?  Cointelegraph

Why Kik believes it has a case against the SEC in proving that “kin” isn’t a security. It’s difficult to fight progress. Although, if you're the United States Securities and Exchange Commission (SEC), you can at least try, which could explain why the agency has so far refrained from producing clear and favorable cryptocurrency regulation. Since February 2018, the SEC has taken to considerall initial coin offerings (ICOs) as being securities. Meanwhile, in June 2018, SEC Chairman Jay Clayton proclaimed that the commission is "not going to do any violence to the traditional definition of a se...