On April 3, 2019, the U.S. Securities and Exchange Commission published a framework aimed at assisting in determining whether a digital asset is a security. Alongside the Framework, the SEC also published a no-action letter for TurnKey Jet, Inc., the first ever no-action letter for a digital asset enterprise. This is an important development for any parties interested in developing, selling or investing in digital assets, as it is the most robust analysis yet published… Continue Reading