U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed a grace period of three years for tokens. Project developers would be exempt from the federal securities laws during that time, provided that they meet certain conditions. After that, they must determine whether their token transactions involve the offer or sale of a security.
Source : https://news.bitcoin.com/sec-tokens/
Date : February 9, 2020 at 12:36PM
Tag(s) : #BLOCKCHAIN ENG
