What do you not understand about crypto law or policy that you wish someone would ELI5?

Building /bright-moments - minting onchain art IRL | /purple #15 | FID 129 #magikarp

Rome, Metropolitan City of Rome Capital, Italy

It could! You just wouldn't be able to take advantage of many benefits of being onchain. You'd have to treat the tokens representing equity interests as securities, so they wouldn't be freely transferable, composable in DeFi, etc. So there's not much point to it right now.

(Hopefully someone comes and proves me wrong)

Could you just do this anyway as long as it's not 'American'?