Quote from: Maxxbill on August 08, 2018, 04:31:13 AM

It is an extremely encouraging task, Many of the CEOs of the venture does not react to their locale but rather here's truly something incredible. Well, I have a question in my mind, Does your ICO fall within SEC jurisdiction? Are you SEC compliant?

Hi Maxxbill

We are running our token sale from Singapore and not from the US where the SEC has jurisdiction. We chose Singapore since this is the headquarters of SmartPesa and Credible will be deployed in the emerging markets of Asia, Africa and South America. Since there is no immediate plan to deploy into the US and the cost of registration (especially legal fees) is extremely high, we have not pursued an SEC registration or exemption.

We do have written guidance from our legal council that we are in compliance with the laws and regulations of Singapore.