Eleanor Terrett (@EleanorTerrett) “🚨NEW: The @SECGov just updated its crypto FAQ on token buybacks to add a stipul” — TopicDigg
Eleanor Terrett
@EleanorTerrett
加入 November 2015
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🚨NEW: The @SECGov just updated its crypto FAQ on token buybacks to add a stipulation that if there is no central party behind those token buybacks, then this arrangement likely does not constitute an investment contract.
It comes following comments from @a16zcrypto General Counsel and Head of Policy @milesjennings last week that the prior wording could “empower an issuer to announce the buyback program without that announcement then creating an investment contract.”
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