KCN: SEC WILL SIMPLIFY FUNDRAISING FOR CAPITAL FORMATION

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SEC WILL SIMPLIFY FUNDRAISING FOR CAPITAL FORMATION

The Securities and Exchange Commission will make a number of amendments to simplify, and improve the exempt offering framework to promote capital formation and expand investment opportunities while preserving and enhancing important investor protections. Thus, it will simplify raising funds through ICOs for cryptocurrency firms. According to the official statement: “Offerings of securities must be either registered with the Commission or qualify for an exemption from the Commission’s registration requirements”. Stay with us. See you soon!

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