IMVU, an avatar-based social network, has received a No-Action Letter (NOL) from the Securities and Exchange Commission (SEC) pertaining to a blockchain-based digital asset – VCOIN. The NOL states ...
The SEC published a “no-action letter” on Thursday (dated Nov. 17) to IMVU, a digital avatar company, allowing the firm to sell its VCOIN digital tokens to users, albeit with strict restrictions on ...
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