Many seem to argue the coins aren't currency but securities, including SEC. | Hacker News

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		nwienert on March 31, 2021 \| parent \| context \| favorite \| on: The political case for a blanket cryptocurrency ba... Many seem to argue the coins aren't currency but securities, including SEC.

toomuchtodo on March 31, 2021 [–]

The SEC uses the Howey Test to determine whether a coin is classified as a security or not.

https://www.leewayhertz.com/howey-test/

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