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Offline bitmarket

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Offline luckybit

Re: Great news for our decentralized exchange?
« Reply #1 on: March 26, 2015, 01:41:56 AM »
Does this mean non-accredited investors can take part in crowd funding? If that is the case then it's the best news we've heard all year.
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Offline luckybit

Re: Great news for our decentralized exchange?
« Reply #2 on: March 26, 2015, 01:56:36 AM »
Apparently it does. http://mashable.com/2015/03/25/equity-crowdfunding-sec-vote/

This means we can change our whole strategy and do equity crowd funding. Bitshares could allow us to own real companies through crowd funding. I also wonder what this will do for Swarm.co? Their price should go way up on this news.

It means we can do distributed technology funds legally now.

Also what does it mean for the Bitcoin ETFs? Couldn't a Bitshares ETF now be started easily? Someone ought to put this news up on Reddit.
« Last Edit: March 26, 2015, 02:16:41 AM by luckybit »
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Offline yellowecho

Re: Great news for our decentralized exchange?
« Reply #3 on: March 26, 2015, 02:16:55 AM »
Apparently it does. http://mashable.com/2015/03/25/equity-crowdfunding-sec-vote/

This means we can change our whole strategy and do equity crowd funding. Bitshares could allow us to own real companies through crowd funding. I also wonder what this will do for Swarm.co? Their price should go way up on this news.

It means we can do distributed technology funds legally now.

If that article is accurate and it means what I think it means....  OMFG!!!!!  :o :o
« Last Edit: March 26, 2015, 02:21:05 AM by yellowecho »
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Offline Stan

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« Last Edit: March 26, 2015, 02:30:30 AM by Stan »
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Online Xeldal

Re: Great news for our decentralized exchange?
« Reply #5 on: March 26, 2015, 02:30:51 AM »
"All individuals are now free to participate but can only invest up to 10% of their net worth."

"Stock offerings open to crowdfunding will still need to be "qualified" by the SEC"

"Online equity platforms will still need to be registered with the SEC as "broker-dealers," which means they will be regulated financial institutions"

http://mashable.com/2015/03/25/equity-crowdfunding-sec-vote/

Offline Troglodactyl

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Re: Great news for our decentralized exchange?
« Reply #6 on: March 26, 2015, 02:36:31 AM »
"All individuals are now free to participate but can only invest up to 10% of their net worth."

"Stock offerings open to crowdfunding will still need to be "qualified" by the SEC"

"Online equity platforms will still need to be registered with the SEC as "broker-dealers," which means they will be regulated financial institutions"

http://mashable.com/2015/03/25/equity-crowdfunding-sec-vote/

Still, this should allow a great deal more flexibility for centralized startups wishing to issue securities as UIAs powered by BitShares.

Offline oldman

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Re: Great news for our decentralized exchange?
« Reply #7 on: March 26, 2015, 04:42:26 AM »
Yes, this is big news for the crypto world and BTS in particular. $1/BTS in 2 years...

Offline btswildpig

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Re: Great news for our decentralized exchange?
« Reply #8 on: March 26, 2015, 05:00:31 AM »
First step , find a "broker-dealers" crowd-funding platform that's regulated by the SEC .

Second step , convince them to use BitShares .

Assuming these steps went well  .

Then if they decided to trade the shares in the BitShares chain , then they may become an on-ramp/off-ramp portal for fiat .

Does that also mean the said platform has to apply for a "Money Transmitter License " in the US ?
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Offline triox

Re: Great news for our decentralized exchange?
« Reply #9 on: March 26, 2015, 05:22:25 AM »
http://www.sec.gov/news/pressrelease/2015-49.html#.VRNgTUZec0r

Gentlemen, start your engines...




If I may suggest something: noone associated with development or the public facing side of Bitshares should ever comment or even hint at the share price. It's unprofessional and will always come back to hunt you.

Offline onceuponatime

Re: Great news for our decentralized exchange?
« Reply #10 on: March 26, 2015, 06:19:19 AM »
http://www.sec.gov/news/pressrelease/2015-49.html#.VRNgTUZec0r

Gentlemen, start your engines...




If I may suggest something: noone associated with development or the public facing side of Bitshares should ever comment or even hint at the share price. It's unprofessional and will always come back to hunt you.

You need to get out more and have some fun  ;)

Offline BunkerChain Labs

Re: Great news for our decentralized exchange?
« Reply #11 on: March 26, 2015, 06:42:08 AM »
"All individuals are now free to participate but can only invest up to 10% of their net worth."

"Stock offerings open to crowdfunding will still need to be "qualified" by the SEC"

"Online equity platforms will still need to be registered with the SEC as "broker-dealers," which means they will be regulated financial institutions"

http://mashable.com/2015/03/25/equity-crowdfunding-sec-vote/

Well that's interesting.. it's certainly not the freeforall that people would expect.. these are very similar parameters actually to what has been done in Canada in regards to crowdfunding.. I just hope people get really educated on what the parameters are before they go off and do stuff and get fined into oblivion.

This is good news though! Always good when grey areas in regulations are filed with certainty. Now investment can move accordingly with less risk.
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Offline cube

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Re: Great news for our decentralized exchange?
« Reply #12 on: March 26, 2015, 10:06:25 AM »
"All individuals are now free to participate but can only invest up to 10% of their net worth."

"Stock offerings open to crowdfunding will still need to be "qualified" by the SEC"

"Online equity platforms will still need to be registered with the SEC as "broker-dealers," which means they will be regulated financial institutions"

http://mashable.com/2015/03/25/equity-crowdfunding-sec-vote/

Well that's interesting.. it's certainly not the freeforall that people would expect.. these are very similar parameters actually to what has been done in Canada in regards to crowdfunding.. I just hope people get really educated on what the parameters are before they go off and do stuff and get fined into oblivion.

This is good news though! Always good when grey areas in regulations are filed with certainty. Now investment can move accordingly with less risk.

Yes, clarity in the law certainly helps investment.  It is very much expected that the SEC would want these small entities to register with them where they can monitor and regulate their activities.  It is SEC"s duty to protect the investors - big and small.
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