Sentences with phrase «federal securities laws regardless»
The SEC issued a statement Wednesday that exchanges will be held to federal securities laws regardless of how the cryptocurrency community defines a particular asset.
https://hacked.com/ Not exact matches
US federal securities law applies regardless of whether the «issuing entity» is a regular company or a decentralized autonomous organization.
In applying the Howey Test to The DAO, the SEC report concluded that digital coins or tokens issued by an individual or entity for the purpose of raising funds for projects may be considered securities under federal law, regardless of whether done so using a traditional company or decentralized autonomous organization.
«Federal securities laws apply to those who offer and sell securities in the U.S., regardless whether the issuing entity is a traditional company or a decentralized autonomous organization, regardless whether those securities are purchased using U.S. dollars are virtual currencies, and regardless whether they are distributed in certificated form or through distributed ledger technology.»
«Through statements, reports and enforcement actions the SEC has made it clear that federal securities laws apply regardless of whether the offered security — a purposefully broad and flexible term — is labeled a «coin» or «utility token» rather than a stock, bond or investment contract,» Clayton and Giancarlo said.
The SEC statements reads in part: «federal securities laws apply to those who offer and sell securities in the United States, regardless whether the issuing entity is a traditional company or a decentralized autonomous organization, regardless whether those securities are purchased using U.S. dollars or virtual currencies, and regardless whether they are distributed in certificated form or through distributed ledger technology.»
The SEC announcement went on further to state that «the federal securities laws apply to those who offer and sell securities in the United States, regardless whether the issuing entity is a traditional company or a decentralized autonomous organization, regardless whether those securities are purchased using U.S. dollars or virtual currencies, and regardless whether they are distributed in certificated form or through distributed ledger technology.»
The SEC added that federal securities laws apply to those who offer and sell securities in the United States, regardless whether the issuing entity is a traditional company or a decentralized autonomous organization, regardless whether those securities are purchased using U.S. dollars or virtual currencies, and regardless whether they are distributed in certificated form or through distributed ledger technology.