January 22, 2020 The Chamber of Digital Commerce files brief recommending that U.S. courts distinguish between investment contracts and their underlying asset.

In an amicus curia briefing submitted to the court overseeing Telegram’s legal battle with the SEC, the Chamber of Digital Commerce, a blockchain advocacy grouped, encouraged the courts to make a clearer legal distinction between a transaction determined to be an investment contract and the digital asset subject to the contract, so to reduce unintentional triggerings of U.S. securities laws by developers, retailers, healthcare providers, advertisers, and others.