Quote from: fortunecrypto on January 25, 2020, 01:06:06 PM

Quote from: release on January 25, 2020, 01:01:23 PM

Even though ICO's have lost the appeal lately.

I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?

If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?

I am not from the usa but live here now. Is it a resident or a citizen issue?

The US SEC has a long arm to prosecute, expose and jail any violators so the ICO developers did not include US citizens they do not want the SEC to come after them because it's citizens loses money on their project, so it's better that they play it safe by not including US citizens to their potential investors.

Indeed, no one is supposedly above the law and until the government is not yet well favorable foe cryptocurrencies, one should not test their luck and play it safe. Crypto and regulation do not usually mix well so, it is better to understand and follow well what is only allowed in your country.