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?
Yes many companies are staying away from US because of it's hard stance against crypto and if they found out that your token is security, then they might file a case against the project.
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?
Projects should restrict US citizens so that they can get away from the hands of US SEC, simply as that. So just be careful, I think if you're in the US as a resident, consider that you might crossed the line, just saying.