The Status of a Crypto Asset as a Security

Proposal would require that tokens not provide any equity or debt interest, not provide any right to profits or interest payments. It would anticipate the same kind of thin that occurred with ether occurring to another type of digital asset. And i think that that's, it's an important issue for people to think about, because it's an escape hatch for developers of digital assets who think their tokens should be used as more utility tokens than a security token.