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Securities/Regulatory concerns of operating token #2

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AdamSLevy opened this issue Sep 12, 2018 · 1 comment
Open

Securities/Regulatory concerns of operating token #2

AdamSLevy opened this issue Sep 12, 2018 · 1 comment
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@AdamSLevy
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This is described in the FAQ as something that you don't have to worry about with FAT. It may be a good idea to add a disclaimer that explains that it is still possible to issue a token and use it in such a way that violates securities regulation. For example, still doing an ICO based on a FAT token doesn't allow you to avoid securities regulation.

@drkatz drkatz added the legal label Sep 13, 2018
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drkatz commented Sep 13, 2018

I think this is important. We have a legal team who we'll have taking care of compliance and liability related stuff like this. We'll clear the language up on this and add a notice, thanks @AdamSLevy

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