Can I raise money through an initial coin offering (ICO) without violating securities laws in Tennessee? What are the requirements?

Based on the documents provided, it is important to note that ICOs are considered securities under federal law and SEC regulations ^[1]. Therefore, any ICO offering must comply with the federal securities laws, including registration requirements, unless an exemption applies ^[4].

Regarding Tennessee state law, it is important to note that state securities laws may also apply in addition to federal law. However, the specific requirements for ICOs in Tennessee are not provided in the context documents.

To determine the requirements for conducting an ICO in Tennessee, it is recommended that you consult with a securities attorney licensed in Tennessee who can provide guidance on both federal and state securities laws.

In summary, ICOs are subject to federal securities laws and may also be subject to state securities laws. It is important to consult with a securities attorney to ensure compliance with all applicable laws and regulations.

Therefore, to answer your question, it is not possible to determine the requirements for conducting an ICO in Tennessee without consulting with a securities attorney.

Source(s):

• [1] Untitled
• [4] Kristijan Krstic (a/k/a Felix Logan), John DeMarr and Robin Enos

Jurisdiction

Tennessee

• General