Coinbase Chief Legal Officer: The Problem With SEC’s Howey Test Isn’t Its Age

Coinbase Chief Authorized Officer: The Downside With SEC’s Howey Take a look at Is not Its Age

Coinbase Chief Authorized Officer Paul Grewal mentioned the “Howey Take a look at,” which the SEC makes use of as its yard stick for whether or not a crypto asset needs to be regulated as a safety, and advised Decrypt’s Stacy Elliott and Dan Roberts the difficulty with it is not that it is outdated (the case is from 1946) however the way it’s being utilized to trendy know-how. Watch and ensure to subscribe to the gm podcast on Apple or Spotify.