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United States: NASAA Advises Companies And Investors On Use Of Initial Loan Procurements

NASAA Advises Companies And Investors On Use Of Initial Loan Procurements – Corporate/Commercial Law – United States

The North American Securities Administrators Association (“NASAA”) advised companies utilizing blockchain technology on an “alternative” method of raising capital through initial loan procurements. NASAA stated that the crowdfunding method known as “initial loan procurement” is an option for raising capital without the “added burden” of creating tokens.








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