Siu pointed out that approaches vary from country to country.steemCreated with Sketch.

in #steemsiu2 years ago

He noted that fungible tokens, in which each token is identical to the others, like national currencies or fiat, have been the focus of numerous regulatory investigations.
Siu stated, "The main thing really comes down to is what you're buying the asset for."And if it is a service, is it not?Therefore, it is pretty clear that this should not be a security, from our point of view anyway. If you launch a game item, you can use it inside the game, and you clearly have utility, which I believe is happening a lot more these days anyway.

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