What are the Howey test and its implications for cryptocurrency?
What is the Howey test? The Howey test is a legal test used in the United States to determine whether a transaction qualifies as an investment contract and, thus, is considered a security under federal law. The test was established by the U.S. Supreme Court in SEC v. W.J. Howey Co. (1946), and it…#howey #ussupremecourt #wjhoweyco #tokens #securities
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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