SEC TARGETING Crypto: Which Projects At RISK?? (Ep 219)
Coin Bureau
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What Is the Howe Test for Crypto Currency Investments?
The securities and exchange commission, or s c, is a government agency in the united states created in 19 34. The purpose of the s c is to help prevent a crash like that from happening again. For an asset to be considered a security, it needs to meet all four criteria of something called the howe test. A simple example here is bit coin. You can't point to any single individual or company who is leading you to expect profits from investing in b t c. By contrast, a crypto currency like x r p could be classified as a security because the people invested in x r p are expecting profits based on the actions of ripple labs,. This is why the s c filed
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