LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
Twitter Telegram
LockMeta
Twitter Telegram
Google News
  • Latest News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
LockMeta
Business News

Web3 Foundation Chief Legal Officer: DOT tokens are not securities, but software

November 5, 2022
Share Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte

Daniel Schoenberger, chief legal officer of the Web3 Foundation, which funds the development of Polkadot, said in a blog post.

DOT, the native digital asset of the Polkadot blockchain, is no longer a security, it is software.

Schoenberger said the foundation, which has been working with the SEC for three years, has been looking for a way to allow digital assets initially offered as securities to be re-evaluated at a later date, saying, “The stakes are high, there is little room for error, whatever Whatever the DOT does, the native tokens of the Polkadot blockchain become or turn into non-securities, we are all willing to do that.”

Previous ArticlePEAKDEFI on Ethereum was attacked, hackers made about $66,000
Next Article Bitcoin bottoms out, entering a capitulation zone that only occurs every four years

Related News

March 26, 2023

LVMH group executives said: LVMH is more advocating Web 2.5

March 24, 2023

CNBC discloses that Binance employees and volunteers guide users to circumvent KYC restrictions

March 19, 2023

Coinspect Security Has Determined Root Cause of Algorand Eco Wallet MyAlgo Hack

March 18, 2023

Binance: Completed the contract swap of STG on blockchains such as Ethereum, Arbitrum One and Polygon

March 16, 2023

BlackRock CEO: Tokenization of Asset Classes Can Improve Efficiency in Capital Markets

March 15, 2023

Australian Treasury holds consultations with Coinbase and others on digital assets and regulation

March 13, 2023

Aztec responded to “shut down Aztec Connect”: mainly for commercial considerations, not related to regulation

March 10, 2023

ParagonCoin, an encryption company backed by American rapper The Game, was deregistered by the SEC

The Latest
Business News March 26, 2023
LVMH group executives said: LVMH is more advocating Web 2.5
Ethereum News March 26, 2023
The total lock-up volume on Ethereum Layer 2 is 8.713 billion USD
Altcoin News March 26, 2023
Data: USDC circulation decreased by $2.1 billion in the past week
Market News March 26, 2023
Industry insiders: the UK has already experienced encrypted banking difficulties
Ethereum News March 26, 2023
2023-PBW successfully concluded

LockMeta provides the latest crypto news flash including Bitcoin, Ethereum, Altcoins, NFTs, Metaverse, Business and Policy. Get today's latest crypto news in a minute.

Twitter Telegram
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
  • About Us
  • Contact Us
  • Advertise
  • Terms of Service
  • Privacy Policy
© 2023 LockMeta.

Type above and press Enter to search. Press Esc to cancel.