Blockstack’s token offering is historic, but its dance with the SEC is far from over

Blockstack’s token offering is historic, but its dance with the SEC is far from over

Make no mistake. Blockstack receiving the SEC’s approval to sell its blockchain-based tokens to mom and pop investors is a big deal. But the startup’s journey to achieving regulatory compliance, creating a “sufficiently decentralized” network in the eyes of the SEC, or even proving that a market exists for regulated tokens remains long and arduous, legal experts say.