IMVU Receives SEC Staff No-Action Letter Enabling Transferable Digital Asset
IMVU, the world’s largest avatar social platform, today announced it received no-action relief from the Staff of the U.S. Securities and Exchange Commission (SEC) regarding the sale of VCOIN, IMVU’s new digital asset. Based on the no-action letter, IMVU plans to sell VCOIN as a non-security. VCOIN enables users to buy, gift, earn and, for […]