Dash Core CEO Details SEC Communication, Believes Dash Is Established As Not a Security

Mark Mason

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Feb 24, 2017
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Dash Core CEO Details SEC Communication, Believes Dash Is Established As Not a Security



Dash Core’s CEO Ryan Taylor outlined why he believes US regulators will not view Dash as a security.

In a recent episode of the Dash News podcast, Taylor detailed communications with the US Securites and Exchange Commission (SEC) regarding Dash’s regulatory standing, saying that he believes the decentralized currency’s case is very strong, saying: “I think we have an extraordinary strong legal argument for why Dash is not a security, and I think that that message has landed.” While the Dash Core team pursued a no-action letter from the SEC, Taylor believes that the agency is very reluctant to directly issue them, and that the lack of an explicit letter should not be construed to mean that Dash’s regulatory status is still in question:

Read more - https://dashnews.org/dash-core-ceo-...lieves-dash-is-established-as-not-a-security/