The crypto space had been shaken by comments by SEC Chief Jay Clayton when he stated the following:

“Every ICO I’ve seen is a security.”

Jason Gottlieb partner at Morrison Cohen, leading the crypto litigation team agreed when he said the following:

“I think it is one more message from the SEC that they view coins as securities and they encourage everyone in the space to follow securities laws.”

The business potential is mind-boggling for companies such as MOBU. MOBU’s solution to the regulatory crisis is in perfect harmony with ICO and security regulation by providing an ecosystem and playing a facilitating role in the release of compliant security tokens.

Relevant Terminology

MOBU set to take centre stage in security tokens world (Part 1 and 2) introduced Reg A+ and Reg D to establish a better understanding of these types of exemptions that companies can take from registering their securities with the SEC.

More Options for Companies when Raising Capital