Re

a decentralized cryptocurrency exchange. Supercoin holders will become shareholders in this exchange, and the trading fees generated by the exchange will be used to pay out dividends to shareholders every 3 months.

Arguably if coin holders are effectively shareholders in an exchange who will be given dividends every 3 months then buying coins would probably be equal to buying a security and the sale of coins would need prior approval from the SEC

What is the view on that ?