No, Not All ICOs Are Securities
A recent op-ed paints all ICOs with the same brush, claiming every one of them offers securities subject to SEC scrutiny. That is simply not the case.
The Token Alliance, a Chamber of Digital Commerce initiative, has laid out guidelines for how token sponsors and regulators can meet in the middle.
Regulators are doing their homework and recognizing there's at least potentially something different going on here from what they're used to seeing.
"Big Sky Country" has gone crypto friendly, with new legislation exempting utility tokens from securities laws.
Wyoming’s utility token bill, if enacted, is likely to be influential beyond its borders, as a model for other states and for the federal government.
The Wyoming House of Representatives has unanimously passed a bill exempting some utility tokens from securities regulations.