Post
Topic
Board Tokens (Altcoins)
Re: [ANN] PLAYKEY: DECENTRALIZED CLOUD GAMING PLATFORM
by
lykovaleksey
on 16/11/2017, 20:14:43 UTC
Great news!

To date, we have collected 17 574 ETH raised from 1773 backers so far ($5 815 857)! Thank you for your support! Meanwhile, the authorities increasingly pay their attention to cryptocurrencies and related investment projects.

The Singapore’s Central Bank has released new guidance where are stated cases when tokens are considered securities, and when not. According to this guidance, our tokens are not securities.

http://www.mas.gov.sg/~/media/MAS/Regulations%20and%20Financial%20Stability/Regulations%20Guidance%20and%20Licensing/Securities%20Futures%20and%20Fund%20Management/Regulations%20Guidance%20and%20Licensing/Guidelines/A%20Guide%20to%20Digital%20Token%20Offerings%20%2014%20Nov%202017.pdf

What does this mean in practice?! If the token falls under the definition of a security, then it is tightly regulated by the Investments Commission. If not, you can safely invest without additional regulation and a heap of securities.

At the same time, Central Bank in Russia announced support for the ICO market. First Deputy Chairman of the Central Bank of Russia, Sergey Shvetsov, highly appraised the investment potential of ICO and said that the Bank of Russia will support the development of this institution.

http://tass.ru/ekonomika/4726268

The future comes before our eyes and be a part of it - priceless! Join now! https://playkey.io