Lithuania Issues Guidelines for When ICO Tokens Are Securities

Lithuania Issues Guidelines for When ICO Tokens Are Securities 

Lithuania’s Ministry of Finance has issued guidelines on initial coin offerings (ICOs), outlining when cryptographic tokens would be viewed as securities and how each aspect of a token sale should be regulated by different laws in the country. According to the document published Friday, a defining feature in the recommended framework is whether a token “grants profits…

The post Lithuania Issues Guidelines for When ICO Tokens Are Securities appeared first on Complete Bitcoin Guide for Beginners.

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