Sentences with phrase «made utility tokens»

Two other bills that we reported on before made utility tokens exempt from securities laws and made cryptocurrency exchanges exempt from the Money Transmitter Act.

Back in the United States, the State of Wyoming, long a pro business state is becoming proactive in attracting crypto companies by passing a series of bills that not only exempt firms from property taxes (mining operations) but make utility tokens exempt from securities laws and exchanges exempt from the Wyoming Money Transmitter Act.

Not exact matches

Covers the purpose of tokens and their two primary values in today's offerings: (1) utility and (2) speculation, as well as what would make a Token a security

Until the SEC delivers on - point guidance through rule - making, no action letters, interpretative releases, or more, no one can say for certain that utility tokens are not securities.

The token looks like security and is security (not utility) making it quite dangerous for buyers

GES tokens are a form of utility tokens made for the GES Initial Coin Offering (ICO), also called Crowdsale, and in order to purchase them Ethers are needed.

«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 PolySwarm market runs on Nectar («NCT»), an ERC20 - compatible utility token that makes it easy to submit and classify potential threats on the PolySwarm market.

XinFin hybrid network runs on a delegated proof of stake consensus between trusted master nodes and is powered by its next generation digital token called XDC which also acts as the underlying fuel without using high energy and hash power making XDC as Green utility Coin.

XDC01 protocol is a regulatory compliance which makes XinFin utility tokens very appropriate for trade and finance.

This will make it effortless for our users to convert their utility tokens, providing them with continuous liquidity not even against Bitcoin, Ripple, Bitcoin Cash and Ethereum but also against local fiat currency.

One of the more interesting utility tokens is Flipcoin, which aims to unite cryptocurrency ATM's around the country to make bitcoin and other digital currencies more accessible to the masses.

The PolySwarm market runs on Nectar, an ERC20 - compatible utility token that makes it easy to submit and classify potential threats on the PolySwarm market.

Regardless of whether you view ICO tokens as «investments,» or whether you want to buy tokens for their utility function to make... Read More

On Tuesday, SEC head Jay Clayton reminded companies that calling their token a «utility» doesn't automatically make it except from federal securities laws.

Crunchbase News determined the companies to include in their data analysis by making a list of all organizations already categorized on their site as related to «Bitcoin,» «Ethereum,» «Blockchain,» «Cryptocurrency,» and «Virtual Currency,» as well as adding the key words «digital currency» and «utility token» to their search.

The draft makes it clear that it's addressing utility tokens, which is how the lion's share of issuers characterize their digital coins as opposed to securities, with tax authority director Moshe Asher emphasizing transparency.

The JPLSnapshot utility add - on, already present in the Nxt Reference Software (NRS) v1.11.8 or later, is designed to make the process simple, by taking a snapshot of the current public Nxt blockchain, automatically allocating 10 % of the new blockchain tokens to existing Nxt holders at the time of the snapshot, and merging this list of accounts with the list of genesis block accounts for your project to create a single genesisAccounts.json configuration file.