SEC doubles down, approving a second blockchain token offering in less than 24 hours 

The U.S. Securities and Exchange Commission approved a second blockchain company’s request to sell its tokens to the public on July 11, a day after breaking ground by greenlighting its first public cryptocurrency sale. The SEC’s approval of live streaming platform YouNow’s Props token offering falls under Reg A+, which allows startups to raise up to $50 million in a public offering with fewer disclosures than a full IPO requires.

Source: SEC doubles down, approving a second blockchain token offering in less than 24 hours | Modern Consensus.

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