Hi guys,
I am doing some research on the utilities tokens and how utilities tokens avoid the Securities & Future Acts in USA, China or Singapore. Anybody can share information or links?
As starter, maybe it can help in your research this article which explained the facts about utility and security tokens. Utility Tokens Vs Security TokensI am doing some research on the utilities tokens and how utilities tokens avoid the Securities & Future Acts in USA, China or Singapore. Anybody can share information or links?
Quote from: https://www.sec.gov/ICO
ICOs, or more specifically tokens, can be called a variety of names, but merely calling a token a utility token or structuring it to provide some utility does not prevent the token from being a security.
This is based on Sec guideline and probably covered USA and Singapore, but I am not sure about China since their idea of tokens are quite different from the perspective of SEC. Thanks
