RE: Steem a dream coming true, or will the SEC disturb it?

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Steem a dream coming true, or will the SEC disturb it?

in steem •  8 years ago 

I don't see what the SEC would have to do with this.

steem
8 years ago by

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      ·  8 years ago 

    STEEM coins is a proxy for equity which is traded and basically a security. The SEC controls what can be a security and what cannot be along with the filings needed. Basically, the SEC has made it very limited on how a shared ownership model could work within the current rulings. I am hoping that Steem got a no action letter from the SEC. Regardless, I want this to succeed and the SEC challenge is the biggest threat from my work in this area.

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