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Vinay Vasanji
@vinayvasanji.eth
If you do an ICO but the coin is a custom stablecoin...does that make it outside of the scope of securities laws given the price of the token is pegged...?
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mephentis
@mephentis
Depends on which jurisdiction you're launching from I suppose, but generally speaking an ICO implies some form of security being offered. You'll def have to comply with central bank laws, exchange control laws and money transmission/ payments and settlement laws as well in operational jurisdictions. Answer me this, why an ICO for a stable? And by custom do you mean algorithms?
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