time for us to get more news/progress on the $OMI? @ecomi_rhys 😁
Not sure what that has to do with OMI, but I can assure you when there are updates to share you’ll have them
Thanks for the reply. One of the things was that the token sales on secondary market is not security and I know that Ecomi has always been very careful regarding the regulation and now it's a bit clear that putting $Omi on the exchanges will not getting trouble by SEC.
The SEC has not provided any clarity on how cryptos will be regulated in the US. As long as there’s no guidance, I doubt Omi will list on any US exchanges. I don’t think any of the Ecomi/VeVe can comment on that but that’s just my “feeling”.
Go follow Ripple's case. The judge already said the XRP selling on yhe secondary market (exchanges) is not security. That's why a lot of US exchanges re-listed XRP now. So $OMI is safe to be listed on exchanges as well . The most important thing is that SEC dropped the case with Ripple and not going to appeal. So, that's a big win for crypto, because now we have a case to refer in the future.
I am following the space as a whole. I am not just looking at one case. I’ve had conversations with partners at my firm who bill clients 1800/hour for their time which brings me to my conclusion.
appreciate the info! yeah everyone seems to be celebrating it as a win for crypto, and the SEC is very quickly losing credibility at this point
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