/biz/ - Business & Finance

>>15436359
VIDT is a security token and will not be available on Coinbase, Binance, and soon IDEX.

>Framework for “Investment Contract” Analysis of Digital Assets
https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets
>The inquiry into whether a purchaser is relying on the efforts of others focuses on two key issues:
>Does the purchaser reasonably expect to rely on the efforts of an AP?
In this case, AP means "Active Participant" or V-ID.

>An AP creates or supports a market for,[17] or the price of, the digital asset. This can include, for example, an AP that: (1) controls the creation and issuance of the digital asset; or (2) takes other actions to support a market price of the digital asset, such as by limiting supply or ensuring scarcity, through, for example, buybacks, "burning," or other activities.
Buybacks and burning.

>The term "security" includes an "investment contract," as well as other instruments such as stocks, bonds, and transferable shares. A digital asset should be analyzed to determine whether it has the characteristics of any product that meets the definition of "security" under the federal securities laws.

IDEX is restricting users in the United States to just these coins

All your favorite shitcoins are going to die except SENT