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Megatel Homes receives "no-action letter" from the SEC to launch payment token
📌 What happened?
Megatel Homes, a housing construction company based in Texas (USA), received a "no-action letter" from the SEC (Securities and Exchange Commission) to launch a payment and rewards token called MegPrime (MP Token). A no-action letter means that the SEC indicates that, under the presented circumstances, it will not recommend enforcement actions against the company for issuing and using that token, as long as the described design is respected.
🧠 What is MegPrime / MP Token?
Megatel Homes, a housing construction company based in Texas (USA), received a "no-action letter" from the SEC (Securities and Exchange Commission) to launch a payment and rewards token called MegPrime (MP Token). A no-action letter means that the SEC indicates that, under the presented circumstances, it will not recommend enforcement actions against the company for issuing and using that token, as long as the described design is respected.
🧠 What is MegPrime / MP Token?
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