/biz/ - Business & Finance

>>9780489
The thing everyone keeps missing is the ONLY coins they'd have jurisdiction on is ones that offered sale to Americans. If the ICO had terms that specifically forbade Americans from participating (most of them) the SEC can't do shit.

If they get labeled securities you can still buy and sell them on unregulated exchanges in other countries, but they won't get listed on regulated US exchanges.

>>9780518
So? Worst case scenario would only be a lot of Bittrex delisting?

>>9780629
Any regulated American exchanges that offer fiat. So Gemini, Kraken, Coinbase, etc would not be able to list tokens classified as securities that have not gone through the process with the SEC.

Exchanges outside the US could do what they want. The SEC can threaten all they want, but they only have jurisdiction within the US. ICO's that did not allow Americans didn't break any laws.

What is the howey test your absolute brainlets

>>9780643
Any chance that exchanges will require mandatory KYC so that US customers can’t trade those consider security tokens? Or that won’t give a fuck considering that they’re not under US jurisdiction?

>>9780652
Tokenized Licenses / Utility Tokens are an interesting concept that needs to be explored and regulated differently than traditional securities.

>>9780678
>Or that
they

>>9780678
I mean it's entirely possible if they become regulated exchanges they will require KYC. If Binance goes legit / regulated it will require it.

>>9780699
where is binance registered at?
malta, no?

>>9780722
They're completing their move to Malta, yes.

>>9780489
ETH had an ico anon.....

>>9780738
so
>funds are safe

My main hold is a security and I participated in the ico hehe these banking Jews can suck my dick with their no fun allowed boomer attitudes

why is the government always fucking the people?

>>9780518
so americans can legally buy and sell them?
and we would pay taxes on them like any other coin on us based exchanges?

>>9780489
>>let's make sure that our buddies stay rich while we protect the plans from gains
This pisses me off so fucking bad.
Why the fuck is government's job to spend my money?
Of course it's not about protection, it's about keeping the status quo.
I have papers that will allow me to buy ICO's and trade whatever I want but it requires jumping through hoops and not a lot of people will bother. Which means that the status quo is going to be preserved.

>>9780489
Please actually watch the fucking video anons. It's the most bullish thing the SEC has ever said about cryptos. He straight REFUSES to call shit securities. Less blatantly mornic FUD please and thanks.