Crypto Airdrop Rules? Crypto Firm Paradigm Asks SEC for Clear Guidelines
- Paradigm urges SEC clarity on the regulatory status of airdrops in crypto markets.
- Proposal seeks clear guidelines to determine if airdrops qualify as securities offers.
- Paradigm calls for clarity to avoid legal risks in digital asset distributions.
Paradigm Operations LP has officially submitted a proposal to the U.S. Securities and Exchange Commission (SEC) Crypto Task Force, pushing for regulatory clarity on how to handle digital asset distributions through airdrops.
This proposal is about growing concerns in the crypto market regarding the regulatory status of airdrops, a common method of distributing digital assets. The firm seeks clear guidelines from the SEC to help industry participants resolve the questions around the legal status of these distributions under U.S. securities laws.
Aird…
The post Crypto Airdrop Rules? Crypto Firm Paradigm Asks SEC for Clear Guidelines appeared first on Coin Edition.
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Crypto Airdrop Rules? Crypto Firm Paradigm Asks SEC for Clear Guidelines
- Paradigm urges SEC clarity on the regulatory status of airdrops in crypto markets.
- Proposal seeks clear guidelines to determine if airdrops qualify as securities offers.
- Paradigm calls for clarity to avoid legal risks in digital asset distributions.
Paradigm Operations LP has officially submitted a proposal to the U.S. Securities and Exchange Commission (SEC) Crypto Task Force, pushing for regulatory clarity on how to handle digital asset distributions through airdrops.
This proposal is about growing concerns in the crypto market regarding the regulatory status of airdrops, a common method of distributing digital assets. The firm seeks clear guidelines from the SEC to help industry participants resolve the questions around the legal status of these distributions under U.S. securities laws.
Aird…
The post Crypto Airdrop Rules? Crypto Firm Paradigm Asks SEC for Clear Guidelines appeared first on Coin Edition.
Read More