[ Back ]

The SEC Just Released Its Long-Awaited Crypto Token Guidance

Apr 3, 2019😃Bullish

The U.S. Securities and Exchange Commission (SEC) has published fresh regulatory guidance for token issuers, nearly half a year in the making.

In November, Hinman said the "plain English" guidance would help token issuers easily determine whether or not their cryptocurrency would qualify as a security offering.

The framework itself outlines a number of factors that token issuers must consider before evaluating whether or not their offerings qualify as securities.

Also Wednesday, the SEC issued its first-ever no-action letter authorizing a startup's token sale to go forward full story here.

[ Original article ][ Discuss on twitter ]