[2018-03-10] P G Files To Be First ICO To Sell Registered Security Tokens In US

[maarx]

The Praetorian Group, referred to as a “Cryptocurrency Real Estate Investment Vehicle,” (CREIV) has filed with the US Securities and Exchange Commission (SEC) on March 6 to register their $75 mln Initial Coin Offering (ICO) as a security offering.

If the SEC accepts their registration, the Praeotorian Group will hold the first ever SEC-registered ICO.

https://cointelegraph.com/news/praetorian-group-files-to-be-first-ico-to-sell-registered-security-tokens-in-us

Hope SEC accepts their regisration and PG contributes its best service to crypto.

How do you take this?

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[CryptoBry]

This can be a good move on the part of this company to register their offering as security tokens. Now, we should hope that soon SEC will be releasing their approval though I am expecting that it can be passing through a very strict process as being the first so the standards have to be followed rigidly. A recognized and legal ICO in the USA can be the precedent of many things to come.