Jay Clayton, chairman of the Securities and Exchange Commission, has raised concerns about ICO and cryptocurrency markets.

Initial coin offerings are still being registered at the Securities and Exchange Commission but at a slower rate after a big drop in the price of cryptocurrencies as well as heightened regulator scrutiny.

MarketWatch counted 33 ICO-related fundraisings accepted by the SEC in the first quarter of 2019, with a total stated value of $1.9 billion. That is down from a peak of 99 in the second quarter of 2018.

MarketWatch estimated there were 287 ICO-related fundraisings…

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