UK Regulator: Utility Tokens Are Not Subject to Securities Laws
news.bitcoin.com
by Avi Mizrahi
January 24, 2019
Excerpt:
Britain’s financial regulator is seeking to clarify which cryptocurrency activities need to be officially authorized. The regulator is specifically cautioning that it may ban the sale of crypto derivatives such as CFDs later this year. It’s also clarified that cryptocurrencies and utility tokens are not securities.
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