Latest Howey Test News

Ripple logo displayed on smartphone screen with data chart in the background
Business 17 August 2023

Ripple Labs opposes SEC appeal request

Lawyers for Ripple Labs filed a letter with the federal judge overseeing its lawsuit against the U.S. SEC, opposing the regulator's expected interlocutory appeal of a July 13 ruling in the case.

Bitcoin Cryptocurrency Digital Blockchain Money Stock Market Business Company Trading
Business 10 August 2023

Is Bitcoin (BSV) a Security?

The memo sets the starting point for considering whether Bitcoin is a security: it highlights a speech given by SEC Chairman Jay Clayton in 2018 where he said that Bitcoin does not qualify as a security because it functions as a replacement for currency.

Bitcoin and cryptocurrency trading system concept
Business 10 August 2023

The question of ‘offering’ in the securities law

The Howey test is a standard method to determine whether an asset is a security or not, but one must also look deeper into the entire history of a token to identify distinctive "offerings."

Coinbase app with gold bitcoin coins on smartphone
Business 8 August 2023

Coinbase asks judge to dismiss its SEC lawsuit

Coinbase's Aug. 4 motion with the U.S. District Court for the Southern District of New York argued that the subject matter of the SEC's complaint "falls outside the agency's delegated authority."

Ripple logo with binary background
Business 16 June 2023

SEC v Ripple: No smoking gun in Hinman docs

Ripple execs are hyping up the U.S. SEC communications relating to a speech given by Bill Hinman in 2018, in which he said that he did not believe BTC or ETH were securities.