Recently came across a token , stating i can participate in pre-ico / ico as a usa resident without being a accredited investor. This was based on the fact that their token was utility token and not a security token, so doesn't fall under SEC rules as its a utility token. I want to know your views as to what do you think about this ? Are utility token are taxable in your country ?
To read further on SEC guidance, here is a link to coindesk article :
https://www.coindesk.com/every-token-snowflake-secs-ico-guidance-isnt-enough/appreciate your thought!
Thanks!
