# ICOs

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🚨 #عاجل : The Chairman of the U.S. Securities and Exchange Commission, Gary Gensler, states that some Initial Coin Offerings (#ICOs ) and digital network tokens (#NFTS ) and digital tools are not securities under the agency's supervision.
The Chairman of the U.S. Securities and Exchange Commission, Gary Gensler, clarified that initial coin offerings linked to digital network tokens, digital collectibles, or utility digital tools are not considered securities and therefore fall outside the direct oversight of the agency.
This reduces regulatory risks, encourages innovation in the digital curre
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