Colorado senators want some cryptocurrencies to be exempt from securities laws

Colorado senators want some cryptocurrencies to be exempt from securities laws
фото показано с : thenextweb.com

2019-1-7 16:13

Lawmakers from Colorado are looking to introduce legislation that would exempt cryptocurrencies from current securities laws. Last week, Stephen Fenberg (Democrat) and Jack Tate (Republican) together filed the “Colorado Digital Token Act” – spotted by CoinDesk.

The bill states, if a token is designed for consumption, and not marked for investment or speculation, it should not be subject to securities legislation. As such, any companies looking to issues cryptocurrencies or tokens would need to clearly state the coin’s purpose and satisfy the relevant regulations. In order to qualify for the exemption, the cryptocurrency or token will need to be usable…

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securities token colorado cryptocurrencies need exempt laws

Источник: thenextweb.com

securities token → Результатов: 126


U.S. Government Will Consider “Token Taxonomy Act”, Potentially Freeing Crypto from Securities Laws

Kate Rooney, CNBC’s markets reporter, has revealed that two congressmen are working on a bill to remove crypto from the 72-year-old U. S. securities law. The representatives, Warren Davidson and Darren Soto, are calling it the “Token Taxonomy Act” and will be presenting their ideas to the House within the next few months.

2018-12-24 21:38


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Cryptocurrencies Are Not Securities – U.S. Congress to Amend Outdated Definition

A new bill was introduced in the U. S. Congress on Thursday, aiming to bring regulatory clarity on cryptocurrencies, CNBC reported. The Century’s Most Innovative Technology Defined by Decades-old Legislation The bill, dubbed “Token Taxonomy Act,” was led by congressmen Warren Davidson of Ohio and Darren Soto of Florida, and focuses on two amendments.

2018-12-21 14:59


Фото:

Congressmen Introduce Bill to Change Securities Definition to Exclude Cryptocurrency

Two congressmen are introducing a bill that would exclude digital currencies from securities classification and substantially improve the tax treatment for cryptocurrencies. The new definition could benefit current cryptocurrency projects—such as Ripple’s XRP—and allow for ICOs and STOs to fundraise with more clarity.

2018-12-21 02:03


Blockchain Startup Templum Asks SEC For Clarity On Post-Trade Activities

Blockchain Startup Templum Asks US SEC For Clarity On Post-Trade Activities Templum, a fully regulated token trader based in the United States has recently asked for the U. S. Securities and Exchange Commission (SEC) to clarify how the regulations of the country would define digital assets that are tracked or tokenized. To know more about […]

2018-12-21 23:06


First equity token transfer on a public blockchain: $3.6 million transferred using Ravencoin (RVN) blockchain

Forbes reports that Medici Ventures, a subsidiary of Overstock. com, Inc and one of the leading blockchain accelerators, has used a public Ravencoin blockchain to successfully conduct a first digital securities token transfer representing its equity ownership in Chainstone Labs, a company focused on digital securities and decentralized asset management.

2018-12-19 01:11


SEC Chairman Affirms ICO Token Sales Are A Good Way To Raise Capital If Rules Are Properly Followed

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2018-12-10 22:39


Фото:

Singapore Financial Regulator Updates Guide to Digital Token Offerings

The Monetary Authority of Singapore (MAS) has published new guidelines pertaining to digital token offerings. The document provides additional clarity on the regulatory requirements for intermediaries that facilitate them, while highlighting the reporting obligations of entities offering capital markets products that are not classified as securities.

2018-12-5 21:00


SEC’s Jay Clayton Talks at Consensus Invest Event on Token’s Being Securities and Bitcoin ETF

Jay Clayton is the chairman of the U.S. Securities and Exchange Commission (SEC), so when he speaks, it ought to be listened to. At the recent Consensus: Invest conference, hosted by CoinDesk in Manhattan, he spoke with investor Glenn Hutchins about what needs to happen in the industry before there are certain regulatory approvals in […]

2018-11-29 18:13


Judge Refutes SEC’s Claim on Blockvest ICO Token Being a Security, Will Go to Trial

The crypto world received a surprising win from the U.S. justice system today. Earlier this week, a California judge slapped down an SEC attempt to classify an ICO token as a security. U.S. District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Securities and Exchange Commission (SEC) has failed to […]

2018-11-29 00:17


Фото:

The Video Coin Guide: Polymath Security Token Platform

In today’s Crypto Briefing video presentation, Kiana Danial offers a brief introduction to the Polymath cryptocurrency token and platform. Since it is Digital Securities Week here on the site, we figured that we should acknowledge one of the trailblazers in the field, while also noting that they were their own ICO was compliant with SEC […] The post The Video Coin Guide: Polymath Security Token Platform appeared first on Crypto Briefing.

2018-11-22 18:00


Фото:

What Is Polymath Network?  Introduction to POLY Token

What Is Polymath? Polymath is a security token platform that uses the ST-20 token standard to ensure compliance with government regulations when issuing digital securities. Polymath is a platform like Ethereum, but instead of creating utility tokens like an ICO platform, it offers equity in a company – a model which has a well-established regulatory […] The post What Is Polymath Network?  Introduction to POLY Token appeared first on Crypto Briefing.

2018-11-21 23:36


Фото:

SEC Slaps Paragon, Airfox ICOs With $250,000 Fine

US regulator the Securities and Exchange Commission (SEC) repeated calls for ICO token issuers to comply with securities laws November 16 as it enforced penalties against Paragon and AirFox. Paragon, Airfox Will Lose Millions In a statement, the SEC appeared to seek a balance between permissiveness and enforcement of “well-established” rules as it confirmed legal action against the two ICO operators, which together raised over $27 million in 2017.

2018-11-20 05:00


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