To quote the first sentence of this document you cite, “If you are considering an Initial Coin Offering, sometimes referred to as an "ICO," or otherwise engaging in the offer, sale, or distribution of a digital asset,[2] <https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets#_edn2> you need to consider whether the U.S. federal securities laws apply.” This working group is not considering doing any of these things therefore it does not apply and is not relevant. -Kyle On Thu, 22 Jun 2023 at 8:50 PM Melvin Carvalho <melvincarvalho@gmail.com> wrote: > > > út 20. 6. 2023 v 19:43 odesílatel Phillip Shoemaker <phillip@identity.org> > napsal: > >> Yes I’ve read that multiple times. How does this differ from ETH or any >> other crypto. What I read is how any business operates : adding more value >> to their projects. >> >> The problem is that the SEC picks and chooses their enemies and makes no >> rules about what is allowed. There need to be black and white guidance, not >> ruling through obtuse enforcement actions. >> > > Relatively clear guidance from the SEC is given here: > > > https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets > > >> >> On Jun 20, 2023, at 8:17 AM, Melvin Carvalho <melvincarvalho@gmail.com> >> wrote: >> >> Regarding Solana, I'd like to direct your attention to points 127-140 in >> the link below: >> >> https://www.sec.gov/litigation/complaints/2023/comp-pr2023-102.pdf >> <https://www.google.com/url?q=https://www.sec.gov/litigation/complaints/2023/comp-pr2023-102.pdf&source=gmail-imap&ust=1687879082000000&usg=AOvVaw0CpPqUgI94RfydAOvHsup9> >> >> >>
Received on Thursday, 22 June 2023 10:14:28 UTC