Let’s assume for the sake of argument that some blockchain token, either pre-launch or post-launch, is held to be or represent a security. What next? I am often asked this question by clients and others. Frustratingly, the answer is that no one really knows.
Are Tokens Debt or Equity? Why it Matters
Maybe read it the wrong way, but why Reg A+ allows more freely debt trading? It is for both equity&debt securities