SEC Issues Historic First Letter Saying It Will Not Take Action Against A Cryptocurrency Business

  • 📰 Forbes
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

The SEC has issued its 1st ever letter saying it won't take action against a cryptocurrency business by DelRayMan

Share to linkedin

The company that received the precedent-setting letter, called a “No Action Letter,” was TurnKey Jets, a startup that offers an all-inclusive private jet service including the plane, crew, and pilot. Interestingly, the company’s website has no mention of a crypto-token, which appears to play a role in the actual reservation of the services.

The No Action Letter itself includes six key points as specifically relates to TurnKey Jets. Notably, the company has promised not use any funds from token sales to develop its platform, network and applications, each of which will be fully developed and operational when the tokens are sold. Also, the tokens will be immediately usable to purchase air charter services when they are sold.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 394. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

DelRayMan Basically, when you pay cash for tokens to play pinball, that is ALL they are good for. Got it boys and girls ?

DelRayMan 🚀🚀🚀

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين