#secsaysbuybacksupgradesdontmaketokensecurity The SEC
just published a guide explaining how to build a crypto project that its own securities laws do not reach
Here are the key points:
Buying back your own
token
on a working network is fine
Maintaining the system funding development and growing the network do not count as essential managerial efforts once it's fully functional
Liquid staking receipt tokens can be treated as digital commodities rather than securities
Marketing what your token does is fine as long as you do not tell people it will make them money
We didn't get the Clarity Act but the SEC is making sure the US has pro crypto regulations$TLM $AVNT $WAXP
just published a guide explaining how to build a crypto project that its own securities laws do not reach
Here are the key points:
Buying back your own
token
on a working network is fine
Maintaining the system funding development and growing the network do not count as essential managerial efforts once it's fully functional
Liquid staking receipt tokens can be treated as digital commodities rather than securities
Marketing what your token does is fine as long as you do not tell people it will make them money
We didn't get the Clarity Act but the SEC is making sure the US has pro crypto regulations$TLM $AVNT $WAXP
