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?
https://www.sec.gov/oiea/investor-alerts-and-bulletins/ia_initialexchangeofferingsall answers are in the SEC official document last January 14, the point remains the red flag for wherever the promoter is located involving US citizens. I have never read anything legal from their regulations regarding the crypto offering system, even they also did not write about STO. If your residence card is not in the US, you can still join ICO and IEO using a privacy network.