US SEC Digital Assets and Crypto Regulatory Framework
Classification

US SEC Digital Assets and Crypto Regulatory Framework USSECCRYPTO-1: Crypto Asset Classification (Securities Test)

Per SEC + Howey Test: classify crypto assets as securities. Requirements include (a) Reliance on Efforts of Others Assessment + (b) Investment of Money + (c) Common Enterprise + (d) Expectation of Profits + (e) maintain documentation.

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