Holders of ethereum tokens be careful , new warnings from POLONIEX Exchange

All you need to save and can be translated - transfer to Bitrex. The rest is to sell.

In the light of the recently released SEC report, the Poloniex exchange reminded users about its policy of placing tokens on the site.

The company respects the laws that apply in the field of crypto-currencies, including US securities laws. The above report reveals the relationship between the securities laws and lock tokens. In this connection, crypto-exchange also intends to test its policy of adapting tokens. The Exchange starts applying the "Howey" test for each token in the listing.

In the process of studying it was discovered that tokens can also be securities. As part of the process of verifying compliance with legislation, tests of tokens on the list will be periodically conducted, which can lead to the delisting of coins.

The Exchange intends to continue to monitor US securities legislation. Also, the exchange will check new tokens, which are going to be listed on the site. The exchange does not intend to place tokens, which fit the definition of a security. If crypto-exchange will come to the conclusion that the tokens in the listing are securities, they will be excluded from the list.

If you like the post please upvote resteem and follow @niceviewsua , thank you !