kaal:claim:4021599-006

The lack of a clearly delineated nomenclature for the term securities token has produced divergent uses and interpretations of that term, especially in relation to the term utility token.

Source quote, verbatim
The lack of a clearly delineated nomenclature for the term "securities token" resulted in various uses and interpretations of the term securities token, especially vis-à-vis the term "utility token."
From

Wulf A. Kaal, Securities Versus Utility Tokens (2022), I. Introduction, p. 5
https://ssrn.com/abstract=4021599 · source PDF

Cite as

Wulf A. Kaal, Securities Versus Utility Tokens (2022). SSRN: https://ssrn.com/abstract=4021599

Holds when
Classification

failuresupport: arguedfailure: undefined-securities-token-nomenclaturefamily: definitional-ambiguitysecurities-lawtokenomicssystemic-risk

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