Quote from: mandarinka on January 20, 2018, 10:55:34 AM

Quote from: kamarchek on January 20, 2018, 09:03:14 AM

Quote from: ohmaiheaven on January 20, 2018, 12:14:09 AM

hello team pagarex

can you explain what will happen if an american user participate this ico ?

As I learnt it depends on what the coin is. There are two types of the tokens - securities and utilities. The if your coin is a utility everything is ok for US citizens. But the coin must go through a test (do not remember the name). You can find it on the internet easily

exactly! its a howey test, that tells whether a financial instrument is an investment contract or not.
so with securities there are some restrictions compared to utility tokens

Thanks I dont live in country where I would experience this charade. Why not to ease the way to use crypto for everyone?)