Breaking Down The Token Taxonomy Act

Breaking Down The Token Taxonomy Act

Introduction:  On December 20th, 2018 two U.S. Representatives, Warren Davidson (R-OH, 8th) and Darren Soto (D-FL, 9th), introduced H.R. 7356, now known as the “Token Taxonomy Act” (the “Token Act”), which seeks to amend the Securities Act of 1933 (the “Securities...

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