SEC Pushing Hard to Regulate Tokens as Securities, Expand Howey Test
blog.silvermint.net
The US Securities & Exchange Commission under Chairman Gary Gensler wants to expand the Howey test, adding more digital assets to its list of “securities.” John Deaton, XRP’s lawyer in SEC v Ripple, warns that the SEC is even claiming that when someone buys a token, even with 100% intent for use, that it can “objectively be said that you COULD also expect a profit –
SEC Pushing Hard to Regulate Tokens as Securities, Expand Howey Test
SEC Pushing Hard to Regulate Tokens as…
SEC Pushing Hard to Regulate Tokens as Securities, Expand Howey Test
The US Securities & Exchange Commission under Chairman Gary Gensler wants to expand the Howey test, adding more digital assets to its list of “securities.” John Deaton, XRP’s lawyer in SEC v Ripple, warns that the SEC is even claiming that when someone buys a token, even with 100% intent for use, that it can “objectively be said that you COULD also expect a profit –