Coinbase is launching support for the USDC stablecoin. Starting today, Coinbase customers in supported jurisdictions can buy, sell, send, and receive USDC at http://Coinbase.com and in our mobile apps. Learn more here: https://blog.coinbase.com/coinbase-and-circle-announce-the-launch-of-usd-coin-a-digital-dollar-2cd6548d237 …pic.twitter.com/z8fFd8mDYp
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Many, ICO's made it ok though and still running. Legal teams do help with compliance.
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If they doing the work and producing a product, I don't see how can get sued. I know of many that already have products. However, It will depend on the product success if they survive or not. That is the risk of any company. Fair statement?
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Having a product has no bearing if something is an illegal security or not.
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I don't disagree entirely. However, the SEC has done a good job of stopping fraud projects before it gets too big or collects too much money. Having a product helps in the credibility of the project. After it has passed scrutiny by the SEC. This is important in crypto.
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The SEC doesn’t approve or bless projects that haven’t provided an offering statement. They just enforce securities laws. Having a product or not has no bearing on whether or not something is a security.
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I agree. I never claimed that the SEC approved or disapproved projects.
End of conversation
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