[2018-08-24] How to Tell if Cryptocurrencies are Securities Using the Howey Test

[frauswif]

How to Tell if Cryptocurrencies are Securities Using the Howey Test

"We hear a lot about the Security and Exchange Commission (SEC) in the US potentially regulating ICOs and possibly declaring some coins and tokens securities. We even hear of potential security-laws violations in the past months. However, how do we tell if an asset really is a security? The SEC uses something called the "Howey test". This article explains the Howey test and explores whether ICO tokens qualify under it."

Full article: https://hackernoon.com/how-to-tell-if-cryptocurrencies-are-securities-using-the-howey-test-8c7470307f3f