Major VC Firm Asked SEC to Not Categorize Cryptocurrency as Security

The self-branded “Venture Capital Working Group” has approached the SEC to propose regulatory “Safe Harbors” for some tokens and cryptocurrency.
Crypto Advocates Bring Proposal to SEC
A group of lawyers and investors assembled by venture capital firm Andreessen Horowitz met with the SEC in Washington on March 28 to lobby against defining all cryptocurrencies as securities which would subject them to a higher degree of oversight.
The “Venture Capital Workin