April 11, 2019 BY Valentina Kirilova

SEC clarifies guidelines for classifying an ICO as an investment contract

Crypto attorneys that support Initial Coin Offering (ICO) promoters in the United States have been requesting for some time more clarification from the SEC on how it interprets current securities legislation to determine whether or not an ICO qualifies as an “investment contract”, thereby necessitating formal registration and investor disclosure requirements under the law. At…

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