Birdwatch Note Rating
2023-06-13 05:30:15 UTC - HELPFUL
Rated by Participant: 27638A43CF58C0EBC954C168C80506DC1C15C1730939E6E775A0B14B26E02248
Participant Details
Original Note:
It is important to note that the application of the Howey Test to cryptocurrencies and digital assets is still a topic of debate and ongoing regulatory scrutiny, further more, the SEC does NOT have unilateral power to declare anything they wish a security. https://corpgov.law.harvard.edu/2022/12/06/why-cryptoassets-are-not-securities/
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