What Is the Howey Test? Understanding Its Role in Crypto Regulation

What Is the Howey Test? Understanding Its Role in Crypto Regulation

This year, with the U.S. Securities and Exchange Commission (SEC) increasing enforcement on businesses accused of offering unregistered crypto securities to American investors, regulators, attorneys, and judges have been utilizing the Howey Test to ascertain whether specific crypto assets constitute an “investment contract” and thereby fall under U.S. securities laws. Below is an in-depth exploration […]