According to MEET.ONE news, the Voice official tweeted that supervision plays a vital role in the smooth release of Voice and attaches a review of the latest meeting of his team. The main contents of the regulatory review are as follows:
1. In December 2019, the team has held discussions with the United States Securities and Exchange Commission (SEC) on Voice's vision and planning, which specifically include: what Voice is, what to achieve, and how the Voice token system works.
2. The team publicly presented a presentation in the review, introducing certain features and functions of Voice, including: integrating blockchain infrastructure construction technology to return social power and rights to users; adopting unique value propositions (UVPs) and using real-name systems , The transparency and the consensus of the platform and users to achieve the vision; Vioce token can be adjusted appropriately according to the requirements of the Howey test and the SEC's digital asset framework and ultimately meet regulatory standards. The Voice team stated that it has always used open and transparent methods to negotiate with regulators. At the end of the article, it was stated that the team is very confident about this meeting and hopes that community members will also have confidence.
Note: The Howey test is a criterion used in a decision of the Supreme Court of the United States in 1946 to determine whether a particular transaction constitutes a standard for issuing securities.