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Making Crypto Tokens Useful and Fair

Instead of parsing the Howey Test, founders should prioritize making tokens useful and fair, say Jake Chervinsky and Rebecca Rettig.

Mise à jour 12 déc. 2024, 3:23 p.m. Publié 30 oct. 2024, 5:03 p.m. Traduit par IA
U.S. Securities and Exchange Commission Chair Gary Gensler has rigorously enforced the Howey Test to the detriment of much of the crypto industry, critics say. (Kevin Dietsch/Getty Images)
U.S. Securities and Exchange Commission Chair Gary Gensler has rigorously enforced the Howey Test to the detriment of much of the crypto industry, critics say. (Kevin Dietsch/Getty Images)