Marco Santori, the president and chief authorized officer of Blockchain, discusses this week’s huge regulatory information — the SEC’s steering on preliminary coin choices and its first no-action letter. We discuss what steering really means and the way a lot weight it has in courtroom, how a lot readability this steering really introduced, and the way the framework might have an effect on additionally future makes an attempt at future fundraising/token distribution occasions and airdrops. We additionally cowl the no-action letter and the methods wherein the token of TurnKey Jet, which acquired the no-action letter, is sort of totally different from most different crypto-tokens and the way useful that instance is for crypto initiatives.
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SEC steering: https://www.sec.gov/files/dlt-framework.pdf
Marco Santori: https://twitter.com/msantoriesq
SAFT white paper: http://saftproject.com/#saft-whitepaper
Extra on the no-action letter: https://www.coindesk.com/sec-issues-first-ever-no-action-letter-clearing-ico-to-sell-tokens-under-us-law
Letter from TurnKey Jet prompting the no-action letter: https://www.sec.gov/divisions/corpfin/cf-noaction/2019/turnkey-jet-040219-2a1-incoming.pdf
Unchained episode with SEC Commissioner Hester Peirce: https://unchainedpodcast.com/sec-commissioner-hester-peirce-come-talk-to-the-sec/