Securities Question Stands After Contradicting Crypto Rulings

Summary

Law360 (January 4, 2024, 4:48 PM EST) -- What is a security? That was the question of 2023. The U.S. Securities and Exchange Commision has argued that it's simple: Just apply the three-part Howey test — orange groves or crypto-assets, it's all the same to the SEC.[1]