Bankless cover image

What's the Point of Securities Laws? with Mike Selig

Bankless

NOTE

Crypto Assets - Investment Contract Definition

The CFTC has the broadest jurisdictional definition out there, right? But then the SEC regulates any commodity that's a security. Investment contract is just one type of security. There are other types we just discussed, notes being one. The SEC has said that certain crypto assets are notes and kind of is alluded to the idea that even Ether might be if it's not an investment contract, a note because of the staking rewards associated with that.

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