I recently read a post on the Economy section about the legal status of the tokens and alt-coins in the USA. As many of you know or should know, there are strict regulations for the commercialisation of securities in the USA and the SEC is know to reach overseas as they deem fit if any US resident buys or sells or somewhat participates in these transactions.
Thus, my question: Do you Howey your investments in tokens? Are you aware of the consequences for a project if they are not compliant?
Thus, my question: Do you Howey your investments in tokens? Are you aware of the consequences for a project if they are not compliant?
This thing is already implemented from years ago, most of all ico is restricted to us citizen because of this, and most of new ICO stated that the token is utility token not as securities ( read on their whitepaper ).
The last, most of us people who still buy token already know that this is high risk invesment and the consequences is " lost all their money ".
