Explanation:
Crypto assets that provide the holder with a share of future profits or ownership rights function similarly to traditional financial securities, such as equities or bonds. According to global financial regulatory frameworks (such as the SEC in the US or ESMA in Europe), these are classified as security tokens and are usually subject to standard securities laws.
Ultimate access to all questions.
Q.67 A small business is considering raising capital through a token offering. They plan to issue tokens that grant holders a share of the company's future profits. According to the categories of crypto assets used by global financial regulators, these tokens would BEST be classified as:
A
Utility Tokens
B
Stablecoins
C
Security Tokens
D
Unbacked Crypto Assets
No comments yet.