'Getting it right on staking matters,' wrote Coinbase's chief legal officer Paul Grewal.
that"staking is not a security under the US Securities Act, nor under the Howey test." Grewal also noted:
Grewal argues that staking fails to meet the four elements of the Howey test: investment of money, common enterprise, reasonable expectation of profits, and efforts of others."The Howey test comes from a 1946 Supreme Court case – and there is a separate discussion to be had about whether that test makes sense for modern assets like crypto," he noted.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Crypto crackdown: Scaramucci, Coinbase boss on Kraken, 'war' with SECAnthony Scaramucci, Coinbase boss Brian Armstrong and other crypto bigwigs are raging about the 'lazy' SEC's crackdown on Kraken's staking service. Here's what 8 luminaries have to say.
Weiterlesen »
Coinbase CEO happy to go to court over US stance on staking, 'if needed'“Coinbase's staking services are not securities. We will happily defend this in court if needed,” CEO Brian Armstrong posted to Twitter on Sunday.
Weiterlesen »
Year after 'Crypto Bowl,' crypto ads vanish from big gameCryptocurrency companies grabbed the spotlight during the 2022 Super Bowl, with commercials from a handful of newcomers to advertising’s biggest stage: FTX, Coinbase, Crypto.
Weiterlesen »
Coinbase says its staking services are not securitiesMissteps in regulating the technology underlying staking ecosystems may have serious consequences, Coinbase Chief Legal Officer Paul Grewal argued.
Weiterlesen »