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6. Pocketful of Quarters - Lewis Cohen’s Two Cents
Manage episode 243772645 series 2552709
Innehåll tillhandahållet av New Territories and Joyce Lai. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av New Territories and Joyce Lai eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
On July 25, 2019, SEC's Division of Corporate Finance issued its second ever blockchain token related no-action letter to Pocketful of Quarters, Inc. (Quarters). I spoke with Lewis Cohen, the attorney who represented Quarters in obtaining this no-action relief for the Quarters' platform which uses an ERC 20 token. We discussed the 13 year old founder's vision for this company, the process they went through to obtain the no-action letter and why he believes that this no-action relief is meaningful despite some critics' sentiment that the facts were clearly beyond the scope of SEC's jurisdiction.
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