Despite the legal uncertainty, in the last 12 months, the Commission on securities and stock exchanges of the USA (SEC) has received almost 100 applications for approval of initial proposals coin (ICO) model SAFT. This writes СoinDesk.
According to the electronic system for the collection, analysis, and retrieval SEC (EDGAR), the highest activity was displayed by the startups from the US and also Spain, Japan and the UK. A large part of the start-UPS located in Delaware, whence comes the lion’s share of applications.
Other popular jurisdictions include the Cayman Islands and Bermuda, as well as Estonia. These countries have recently openly seek to attract startups and developers.
The growth in the number of applications is observed even at the background of rumors that the SEC officials are actively studying the model Simple Agreement for Future Tokens (SAFT), which is a promise of the provision of the token in the future. According to some experts, SAFT-concept increases the legal risks for tomenselo.
We will remind, earlier the head of SEC J. Clayton stated that bitcoin is not a security and he opposed the traditional money. At the same time, according to his colleagues, the Commission is not planning to classify Ethereum and the bitcoin securities as a “sandbox” for ICO — not the best control method tokens.