☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Howey Test (Crypto)

The test for determining whether a digital asset is a security — an investment of money in a common enterprise with the expectation of profits derived from the efforts of others.

Category: Cryptocurrency Law · Source: SEC v. W.J. Howey Co., 328 U.S. 293 (1946)
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