Texas homebuilder to launch crypto rewards after SEC green light
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NEW YORK, Jan 15 : Privately held Texas homebuilder Megatel Homes LLC said on Thursday it will start issuing a crypto payments and rewards token. The announcement came after the Securities and Exchange Commission sent Dallas-based Megatel a "no-action" letter late Thursday, effectively allowing the company to go ahead. The "MegPrime" token is Megatel's first foray into digital assets, said Megatel Chief Executive Officer Zach Ipour. Traditional companies are increasingly integrating blockchain
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