I've heard about this SEC ruling news too, I wonder how will this effect PPT. I really want this coing to go to 0.1 ETH, so I hope it will not have any negative impact on it.
Its not like blockchain technology can only be used in America. In fact most ICO's didn't sell to Americans in the first place. Probably populous didn't do that too but I havent checked. So calm down.
Well you have to admit US jurisdiction is quite overreaching, I am no lawyer but I think it does apply if US persons are involved, which means US citizens or US businesses.
Most ICO issuers put a disclaimer out there that US persons are not allowed to participate, but I think they are allowed to buy second hand in exchanges.
From what I've heard it looks like on that front it's ok, unless some US citizens have participated in the ICO using VPN or whatever.
But there is also an aspect that the guys above have said. The invoice stuff.
- If it will involve USD and other cash invoices then the regulatory might will come down on this. They will need all sorts of licenses for that.
- If it will involve only cryptocurrency based invoices, then who knows what kind of tax liability or other could still apply
So it's still a gray area from a regulatory standpoint. I am no lawyer, and this is not legal advice, but from what I've seen other projects do, they are more careful on the regulatory side.