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RE: EOS: IMMINENT EXPLOSION!! Revised Target $22.63!!
EOS right now is an erc20 token, on the ETH network, by June when EOS launches all tokens will need to be registered then actual EOS tokens will be distributed....Folks holding EOS in the states or China may run into problems with this, but I haven't looked into it yet, if anyone has info on this please share!
Could you please elaborate why you think someone in the States might have problems registering erc20 with EOS? I understand China, but there is no regulation in the States regarding ICO's or crowdfunding like EOS is doing. Thank you
You're right @eallen there's no regulation in the states (at least that I have found). We might have to use a vpn everytime we deal with EOS :(
You should be running a VPN all the time, for security.
The IRS released a warning about ICO's on July 25th, saying they may be illegal to participate in, also if you try to by ICO EOS tokens on EOS.io they specifically say US based residents are forbidden from participating. If they find out someone else bought them for you or you used a VPN they will report you.... There is a lot of grey area here.... Hope Im wrong but be careful
Ive also heard Dan Larimer mention it is a couple of interviews. We can pick them up on secondary markets but when you go to register them and are based in the US, might run into problems or have to lie....