Howey Test

Airdrop
Arbitrum Shows Just How Messy (and Tricky) Crypto Airdrops Can Be
Bugs, server crashes and scammers continue to plague crypto airdrops. Will regulatory pressures be next?
Airdrop

CoinDesk - Unknown
SEC Chair Gensler Shares His Opinion on Proof-of-Stake Tokens: Report
U S Securities and Exchange Commission Chairman Gary Gensler is doubling down on his opinion that proof of stake tokens could meet the definition of securities under the Howey Test Coin Desk Global Policy and Regulation Managing Editor Nikhilesh De discusses what this means for the ongoing crypto turf war between the SEC and the [...]
CoinDesk - Unknown

CoinDesk - Unknown
Ether Hits Two-Month Low as New York Attorney General Alleges Ether Is a Security
In a filing against crypto exchange Ku Coin on Thursday New York State Attorney General Letitia James alleged that ether among other token offerings is a security Penn State Dickinson Law Professor Tonya Evans explains how a security is defined under state law saying it very much mimics the Howey Test but often times at [...]
CoinDesk - Unknown

CDCROP: Brian Armstrong CEO Coinbase (CoinDesk)
Coinbase's CEO Cites 'Rumors' the SEC May Ban Crypto Staking for Retail Customers
"I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen," Brian Armstrong tweeted Wednesday.
CDCROP: Brian Armstrong CEO Coinbase (CoinDesk)

CoinDesk - Unknown
The SEC Is Talking to a ‘Wide Swath’ of Crypto Organizations: Gensler
SEC Chairman Gary Gensler testified before the Senate Banking Committee Thursday, noting the “vast majority” of cryptocurrencies are securities, while referencing the Howey Test. Plus, he shares that the agency is talking to a “wide swath” of crypto organizations about registering with the SEC.
CoinDesk - Unknown

The SEC asserted nine cryptocurrencies were securities in an insider trading complaint filed Thursday. (Jesse Hamilton/CoinDesk)
SEC Calls 9 Cryptos 'Securities' in Insider Trading Case
The SEC and DOJ brought insider trading charges against three people Thursday, but assertions cryptocurrencies are securities may hold greater implications.
The SEC asserted nine cryptocurrencies were securities in an insider trading complaint filed Thursday. (Jesse Hamilton/CoinDesk)

SEC logo
SoluTech to Burn its Tokens Under Terms of SEC Settlement; Co-Founder Fined
SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens.
SEC logo

Helbiz e-scooter in front of a shopping center in Milan, Italy (Helbiz)
The Novel Legal Strategy Bringing This ICO-Backed ‘Micro-Mobility’ Startup to Court
Lawyers have filed suit in a "highly unusual" case against flamboyant Italian e-scooter entrepreneur Salvator Palella, over a troubled ICO back in 2018.
Helbiz e-scooter in front of a shopping center in Milan, Italy (Helbiz)

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California Assembly Considers Exempting Some Digital Assets From State Securities Law
A key lawmaker in the California Assembly has proposed exempting some digital assets from the state’s definition of corporate securities.
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Telegram Ruling Closes Another Door to Legally Compliant Token Sales
A recent ruling stopping Telegram from distributing its cryptocurrency creates new legal peril for public blockchains, argues lawyer Josh Lawler.
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