Satoshi Nakamoto inspired us to create Shakti Coin. In his work, we saw the potential for blockchain to change the way money works. We saw the potential for more financial inclusion and social good. Yet a decade after his historic white paper, we feel that no coin has yet managed to deliver on the promise that blockchain holds for the world. Our white paper explains how Shakti Coin changes that.
On August 30, 2018, we filed a no-action letter with the United States Securities and Exchange Commission (SEC). By doing so we are requesting SEC to review Shakti Coin and confirm its compliance with Federal Law. Although not required, we see this voluntary submission as a symbol of our desire for transparency and legal compliance in every market Shakti serves. You can view the letter here.