Discover and read the best of Twitter Threads about #WY

Most recents (6)

0/ Yes, I may write more, but I mostly agree with @MattCorva. The SEC's rules still aren't as clear as places like Singapore, UK, and France, but I'm hopeful this will still give law firms, projects, investors, and customers sufficient clarity to start doing business again.
1/ Overall, on a quick read, I didn't see any big surprises. I think the SEC continues to signal that it supports the creation and distribution of consumer utility tokens consistent with the principles we've been talking about @TheBKP_Official and @ConsenSys.
2/ For example, things like the @TheBKP_Official's consumer token framework (…) and tools like "proof of use," which are helpful for having a successful launch by accomplishing objectives of the SEC and seeding strong user basis for new products.
Read 12 tweets
1/ Thanks for a fun discussion w/ @WallStreetBTC, @ronqman--many great ?s abt what #Wyoming's #blockchain laws mean. 3 big things for attys to dig into: (1) law of possessory security interests--lots of precedent--means #WY law may apply to #crypto lending/prime brokerage tx even
2/ if you structured it not to, (2) direct ownership + bailment = v investor-friendly #custody regime--doesn't exist in #securities custody today. Many ppl who want custodians to be just service providers, not counterparties, will love having this option (esp HNW & fiduciary
3/ investors, such as mutual & pension funds, etc) & (3) #Wyoming's long history of favorable tax & privacy laws (+culture of defending these)=powerful combination. I forgot to mention WY has 25 Opportunity Zones:…. We'll host event in WY in May-deets soon!
Read 4 tweets
0/ #CO is poised to join #WY in providing safe harbor from securities laws for consumptive tokens. #MT also introduced a similar bill. I want to highlight why I think this is important and what points I hope the SEC considers as it prepares additional guidance.
1/ This legislation builds on a core idea from #WY: It must be possible for entrepreneurs to develop and sell software that is inherently consumptive in nature (i.e., not a passive financial instrument and intrinsically is for use/consumption) w/o implicating securities laws.
2/ The SEC seems to agree and so have regulators/policymakers in just about every other developed nation. The difficulty arises, however, in defining the boundaries of this principle - stated differently, when if ever is usable software actually a security?
Read 28 tweets
Close to 3 MILLION PEOPLE last weekend
& it barely made a blip on the news.
SO, let's grassroots this out there - All States below.
RT THREAD 1/50ish
To Every One of you who went - Thank You!
Your Resolve is our Hope.
You are the Light at the end of the Tunnel.
The largest of the Womens' Marches this year was in Los Angeles. (600,000+)
Here are the performances and speeches compacted into a 30-minute video.

#WomensMarch2018 #WomensMarchLA
And a GoogleDoc counting EVERYONE EVERYWHERE:…
#WomensMarch2018 ALABAMA
3000+ Marched!
Birmingham 2700 Dothan Huntsville 120 Mentone 60+ Mobile 350+ Montgomery 2000
The biggest movement the USA has ever seen. If the national media won't cover it, let's grassroots it!
FB page here:
Read 57 tweets

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