The Surprising Reason Why Blockstack Could Be America’s First Crypto IPO

Blockchain startup Blockstack is currently evaluating how to issue new tokens for general miners. 

“The issuance of new tokens is the main issue here,” Blockstack CEO Muneeb Ali told CoinDesk. “Because within the U.S. we’re treating STX [tokens] as securities, if new tokens are being minted by the protocol and they’re being released in the ecosystem, we need a legal framework for them.”

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