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I thought this was exactly what you can't do, at least not easily, because the tokens are considered securities if used this way?
by ijpoijpoihpiuoh 7y ago
I thought this was exactly what you can't do, at least not easily, because the tokens are considered securities if used this way?
- seibelj 7y agoAn extremely complex subject, but the tokens are used as the network utility function. You must pay to use the network in ETH for Ethereum or ATOMS for Cosmos. The SEC officially stated Ethereum is not a security, and the NYDFS allows BitLicense exchanges such as Gemini to trade ETH, so the market is confident it’s not a security.
- sp332 7y agoYeah but neither of those are from ICOs for specific companies, and given to employees in place of stock.