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Factom-Asset-Tokens / FAT

Factom Asset Tokens - Open tokenization standards on Factom
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Securities/Regulatory concerns of operating token #2

Open AdamSLevy opened 6 years ago

AdamSLevy commented 6 years ago

This is described in the FAQ as something that you don't have to worry about with FAT. It may be a good idea to add a disclaimer that explains that it is still possible to issue a token and use it in such a way that violates securities regulation. For example, still doing an ICO based on a FAT token doesn't allow you to avoid securities regulation.

drkatz commented 6 years ago

I think this is important. We have a legal team who we'll have taking care of compliance and liability related stuff like this. We'll clear the language up on this and add a notice, thanks @AdamSLevy