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Can I collect cryptocurrency information from participants in Mississippi? What are the requirements?
Based on the provided context documents, there is no specific mention of collecting cryptocurrency information from participants in Mississippi. However, it is important to note that any information collected from participants must comply with the Mississippi Public Records Act and any other applicable laws. Additionally, any confidential commercial or financial information must be clearly designated as such and may be subject to protection under applicable law or court decision [1.1].
If you are collecting information for an investment opportunity, such as through crowdfunding, you may be subject to the Invest Mississippi Crowdfunding Intrastate Exemption. This exemption requires compliance with certain conditions and limitations, including that the securities must be sold only to residents of Mississippi, the issuer must be a business corporation or limited liability company with a principal place of business in Mississippi, and the aggregate amount sold to all investors by the issuer must not exceed certain limits [2.1].
Without more specific information about the nature of the cryptocurrency information being collected and the purpose for which it is being collected, it is difficult to provide a more detailed answer.
Source(s):
Jurisdiction
Mississippi