Hi,i cannot understand why US and Swiss citizens cant buy the token-if i understand it right,the token can be traded on exchanges and p2p networks,so US and Swiss (and others) can buy it anonymously from January.Is that right?If yes,I doesnt make any sense to me
all these restrictions and document scans.. am I missing some point? Will the EVN trading be somehow regulated since January? Please explain
First the ENVION Token is a security token.
The rules are made by the US and Swiss financial authority and Envion is happy to comply. If you try to purchase during the ICO and you are a US/Swiss national and NOT an accredited investor, your purchase will be voided, your tokens destroyed, and your money refunded.
Envion act like a company, so they have to obey rules.
So if you are an accredited investor, there is no problem to buy the token. But if you are not, you can buy the token when it hits exchanges.
To be honest guys! I think you want kidding swiss Citizien. If I ask that Question you start kick me out of Telegramm Channel! There is not any complain with the FINMA Regulation to join an ICO. Its like to join in a IPO thats the same Regulation! You just dont want have to have issues with the swiss taxes!
And:
Just that u know Envion Team, sunny decree is a friend from me in the youtube and he will soon make a Video about Envion. I asked him to do it. So that reason to alow just qualified Investors from 500k! Its a big big unfair step from your guys! I will call FINMA as well to get 100% sure if this rule its nessesary for swiss small investors!
I wanted first join this ICO but if u ask them critical Questions or call them they are rude motherfuckkers. Maby Scammers. Think that Mr. Woestmann was a Moderator in the Televion. I have the feeling that you have a very professional Movie Equipment and create maby just a big Show. Like the Bus in China who drive over the Traffic jam. Mhh.. I think u not honest. But soon all Peoples can watch it on Youtube, depense what u gonna answer here! And I help your brain a little bit, I was calling to Finma and there was not anyone who told me that I need be qualified Investor for the ICO.!!!!
You guys can ask by your self the right person behind Finma!
Tobias Lux
Tel. +41 (0)31 327 91 71
[email protected]First of all you were banned from the chat for your aggressive attitude, which began with the profanity in your first post. We love hard questions, but bad attitudes are not accepted and many group remembers called for you to be removed.
Now let's talk about compliance with financial regulations.
By issuing a security token that is compliant with Finma and SEC regulations, we are protecting your investment and the future of envion.
Finma and other financial regulators around the world are taking a closer look at ICOs. New ICOs and even previous ICOs are being reviewed for compliance with securities regulations. The EU has just indicated that they will be cracking down on ICOs for violations regardless of whether or not they have *called* their token a security or not. Our legal team works closely with Finma and they have indicated that a similar review is already underway.
Source:
https://cointelegraph.com/news/according-to-key-european-regulator-icos-could-be-derivative-activitiesIt's unfortunate if these regulations prevent some people from participating in the ICO. Purchasing tokens on secondary exchanges after the ICO is something everyone can do without restriction. Furthermore, because envion will be releasing prospectuses and working to have our EVN tokens traded on regulated exchanges (not just token exchanges), participation will be open to an even larger pool of investors in the near future.
The irony of accusing envion of being a scam by following government regulations has not gone unnoticed.