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RE: Preface; ICOs, Regulation and Dice
What, if any, are the legal implications of launching a new POW coin/blockchain without any premined assets ?
What, if any, are the legal implications of launching a new POW coin/blockchain without any premined assets ?
we'll have a chapter on that. If it's a distributed asset, with distributed gains given to people achieving goals, it won't be regulated as a security. It's the whole Howey test. Hopefully soon I'll be able to write more about it, but see my video.