Stephen Fox

Stephen Fox

McCarter & English, LLP

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SEC No-Action Letter Clears Ambiguity Surrounding The Existence Of Utility Tokens

The SEC has issued its second-ever no-action letter to a token issuer. Pocketful of Quarters, Inc. (PoQ) sought the no-action letter in connection with the issuance of a cryptographically protected token (Quarters), which...more

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