'Crypto assets are not themselves 'securities' under current law,' NYcryptolawyer argues. Opinion PolicyWeek
We frequently hear from regulators that they view most crypto assets as securities and, as such, those crypto assets need to be registered with the U.S. Securities and Exchange Commission if they are to be offered to the general public or held by more than 500 “retail” investors. This latter test, in particular, would likely ensnare most large-cap crypto assets available today on Coinbase and other leading marketplaces, even if the assets were not originally offered to the public.
As we explain in"Ineluctable Modality," the SEC and state regulators have won almost all cases they have brought involving fundraising transactions in which crypto assets are sold to raise money for the development of a blockchain project. However, there have been no significant court cases yet in which the status of a crypto asset independent of a fundraising transaction has been presented to a court.
Hire a compliance team to prepare and file quarterly and annual reports as well as current reports required when unexpected developments occur Not only are there numerous practical challenges here in mapping requirements intended for traditional businesses to deemed issuers of crypto assets, there is the larger question of why any company or group of individuals would want to take on these responsibilities when they neither have access to all information relevant to the crypto asset nor are being compensated for taking on these many potential liabilities.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Why Tax Deferral for Crypto-to-Crypto Like-Kind Exchanges Would Be Good for Us AllUntil investors consume their profits – 'cashing out to buy yachts, caviar, champagne, Chippendale furniture (or dancers)' – it's better economy policy to allow tax deferral, usblockchainpac's ToddWhiteUSA & Ralph Benko write. Opinion for PolicyWeek
Consulte Mais informação »
Crypto Council for Innovation Exec: US 'Lagging Behind' in Crypto RegulationAs the European Union's sweeping Market in Crypto-Assets legislation, also known as MiCA, is moving towards becoming law, Linda Jeng, Chief Global Regulatory Officer at the advocacy group Crypto Council for Innovation, discusses the global state of crypto policy. 'If [the U.S.] wants to be the leading digital economy of the world, then we need rules of the road,' Jeng said. 'Not just for crypto, but also for our private data.'[reward]da726db5-7ae5-45a2-a725-3b2089a17ddb[/reward]
Consulte Mais informação »
Graffiti referencing Kanye West’s antisemitic remarks scrawled on University of Alabama campusThe University of Alabama Hillel, a Jewish student organization on campus, said it was “working with local and federal agencies” following the markings.
Consulte Mais informação »
This company will pay you $1,000 to eat cheese before bed every nightSweet dreams are made of ... cheese? This company will pay you $1,000 to eat cheese before bed every night.
Consulte Mais informação »
Why eating more cheese — and other ‘bad’ foods — could be good for youWhy eating more cheese — and other 'bad' foods — could be good for you
Consulte Mais informação »
This company wants to pay you $1,000 to eat cheese before bed - Here's whySleep Junkie, a website that conducts different sleep studies, is looking for five 'dairy dreamers' to help its researchers test the theory that eating cheese before going to sleep gives you nightmares.
Consulte Mais informação »