Author

Topic: ICO Tokens & the SEC: Are Tokens Considered Securities? (Read 508 times)

jr. member
Activity: 127
Merit: 3
There are exemptions to SEC registration requirements based on where you are selling, income/ asset restrictions and more, so it really depends on your project specifications. When in doubt, ask your lawyers!
Issuing An ICO In The US? Here are our learnings https://medium.com/property_coin/issuing-an-ico-in-the-us-one-companys-experience-aeca56d6444d

full member
Activity: 158
Merit: 100
3DES - Slicing as fast as possible
Crypto isn't only USA.
So, I think 90% of ICO will ignore this rules. But we have some risks with unregistered tokens listings on some exchanges in USA jurisdiction.
This law regulation will create problems not only for organisators, but for investors too (financial accounting, taxes, problems for some categories of investors). For organisators ICO preparing will be more expensive and longer.
But we have a nice decision to avoid all of it - decentralized exchanges. What do you think?
full member
Activity: 322
Merit: 100
Nothing is really clear until we see the first court decision on a similar case.

Everything is vague till a similar case.
hero member
Activity: 581
Merit: 507
To the moon!
"Developers, businesses, and individuals increasingly are using initial coin offerings, also called ICOs or token sales, to raise capital.  These activities may provide fair and lawful investment opportunities.  However, new technologies and financial products, such as those associated with ICOs, can be used improperly to entice investors with the promise of high returns in a new investment space. The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to make investors aware of potential risks of participating in ICOs."

https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings

newbie
Activity: 49
Merit: 0
Nothing is really clear until we see the first court decision on a similar case.
full member
Activity: 224
Merit: 100
The SEC made a ruling that the DAO was a security.

I think there is a distinction between different types of tokens.

Have a look and let me know what you think.

https://urbancrypto.com/the-sec-ruling-on-dao-token-and-ico-offerings-where-they-may-be-wrong/
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
One way to find out right ?
And yeah the link was in there Wink
Oh and if staff catch you posting back to back they will ban you.
You might want to delete your replies and condense them down to 1 post.
None of us are immune to that rule.
full member
Activity: 224
Merit: 100
https://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf
I posted that here when it came out long ago..



So you did all this crypto shit.. then asked ?
Shouldn't you have done your due diligence before hand ? LOL
link to complete article please, I would like to read
full member
Activity: 224
Merit: 100
https://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf
I posted that here when it came out long ago..



So you did all this crypto shit.. then asked ?
Shouldn't you have done your due diligence before hand ? LOL
I did all this shit?  Don't understand what you mean.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
https://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf
I posted that here when it came out long ago..



So you did all this crypto shit.. then asked ?
Shouldn't you have done your due diligence before hand ? LOL
full member
Activity: 224
Merit: 100
As you know most ICOs are not available to US citizens as they may be considered Securities and then subject to SEC registration and regulation. Here in this post, I give my thoughts on the issue and if the Howdy Rule, which helped define the meaning of securities applies.

https://urbancrypto.com/ico-tokens-the-sec-are-tokens-considered-securities/

Thoughts?
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