Coinspeaker SEC Approves YouNow’s Ethereum Token ‘Props’ With a Reg A+ Reward
After cracking the whip on initial coin offerings (ICOs), the U.S. Securities and Exchange Commission (SEC) approved the first two RegA+ tokens. These tokens provide investors, including the unaccredited ones; with an alternative method to acquire a financial stake in a company. Blockstack got approved for a $28 million digital token sale to raise money on Coinlist. That token sale was officially launched on July 11 despite some earlier technical problems.