The Role of Securities Litigation in the Cryptocurrency World
lazupardo2024-01-31T04:52:31-05:00The rise of cryptocurrencies in the financial scene has brought both challenges and opportunities, leading regulatory bodies to adapt and establish guidelines for this landscape. The US Securities and Exchange Commission (SEC) is one of those regulatory bodies that aims to make the crypto landscape cleaner. The SEC's role in regulating cryptocurrency is crucial for protecting investors and maintaining market integrity. Are cryptocurrencies considered as securities? According to SEC Chair Gary Gensler, the majority of crypto can be considered as securities based on the Howey Test, which the US Supreme Court uses to determine whether a [...]