Tokenization: The Meaning of “Equity Securities” Under Section 12(g) – It’s Broader than You May Think
2017 saw a roaring ICO market, with billions of dollars raised by blockchain-based digital asset issuers selling “utility tokens” in initial coin offerings. As the Securities and Exchange Commission (the “SEC”) began cracking down on token issuers for failing to follow securities laws, in late… Read More
Read more in: Blockchain & Digital Assets, Featured Headlines, Opinion, Politics, Legal & Regulation, Strategy | Tagged 12g, charles kauffman, michael saryan, perspective, sec, securities and exchange commission, security tokens, sto