Description
Regulators are increasingly cracking down and taking interest in the blockchain space. While governments vary in their response to blockchain projects, it is clear that they will respond and that they will hold projects accountable to their laws. “Utility” token offerings designed as an end run around securities laws are unlikely to hold up, with the SEC say openly that they haven’t seen a true “utility” yet. In this space, just about every project is likely in violation of securities laws.
But there is an exit, a way forward that’s better for projects and investors and helps relieve the threat of government interference: Security Token Offerings (STOs)
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