kaal:claim:4021599-026

The regulatory status of securities tokens is rather well established, whereas the regulatory status of utility tokens remains unclear.

Source quote, verbatim

The regulatory status for a securities tokens is rather well established. By contrast, the regulatory status for utility tokens is unclear.44

From

Wulf A. Kaal, Securities Versus Utility Tokens (2022), IV. Distinction between Utility Token and Securities Token, p. 14
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

as of 2022

Classification

failuresupport: assertedfailure: unclear-utility-token-regulatory-statusfamily: staking-and-incentive-misalignmenttokenomicssecurities-lawlaw-and-legal-systems

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