Let's hope this guides new ICOs and Initial Exchange Offering (IEO) projects to be 100% compliant with the laws and regulations regarding securities in the future.
Topic: [2019-04-06]U.S SEC’s FinHub Published Framework for Crypto Assets (Read 122 times)
This is the result of several Cryptocurrency advocates and ICOs asking for effective regulatory clarity for the interaction of distributed ledger technology (DLT) with securities laws and coins. We saw some ICOs running into trouble for being labelled as securities and people are not 100% sure if their ICOs are classified as securities or not.
Let's hope this guides new ICOs and Initial Exchange Offering (IEO) projects to be 100% compliant with the laws and regulations regarding securities in the future.
Let's hope this guides new ICOs and Initial Exchange Offering (IEO) projects to be 100% compliant with the laws and regulations regarding securities in the future.
April 07, 2019, 05:40:34 PM
The U.S Securities and Exchange Commission (SEC) released a “Framework for ‘Investment Contract’ Analysis of Digital Assets” on Wednesday April 3 to enable all market entities to determine whether or not a crypto (digital asset) is considered an investment contract, and if so, a security.
The work was produced by the two SEC Commissioners Valerie Szczepanik, a senior advisor for crypto assets & innovation, and Bill Hinman, director of SEC at division of corporation finance.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/framework-for-crypto-assets/
The work was produced by the two SEC Commissioners Valerie Szczepanik, a senior advisor for crypto assets & innovation, and Bill Hinman, director of SEC at division of corporation finance.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/framework-for-crypto-assets/
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