Blockchain law: A "Telegram" to SAFTs: "Beware!" | Knowledge | Global law firm | Norton Rose Fulbright

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New York Law Journal

Author:

Robert A. Schwinger

Publication | June 2020

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How and when can a cryptocurrency or token offering transform from a security into a commodity or something else that is not subject to the securities laws? In his Blockchain Law column, Robert Schwinger discusses one approach that some issuers have tried in order to avoid or minimize having to face securities law requirements: “simple agreements for future tokens” or SAFTs.

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Robert A. Schwinger

Robert A. Schwinger

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