Post
Topic
Board Press
Re: [2018-11-16] Statement on Digital Asset Securities Issuance and Trading
by
vader18
on 19/11/2018, 10:30:20 UTC
Wow. Many seem happy about this development. Correct me, if I’m wrong, but this seems very good for ico coins, but very bad for investors. I mean , the coins/businesses can just pay a 250k fine, agree to be labeled a “security” and then get back to work. But it seems to me the US investor isn’t going to be invited to the party. Once they coin company lists as a security. They will need to refund investors. The investors will never be able to trade their coins, rendering their coins worthless.