Test

Coin

<ul class="news-points">
 <li><strong>Ripple’s CLO criticizes Hinman’s speech for creating regulatory confusion in crypto.</strong></li>
 <li><strong>Court rulings on XRP and BNB emphasize case-by-case analysis of crypto transactions.</strong></li>
 <li><strong>The Howey Test remains central to determining whether a crypto asset is a security.</strong></li>
</ul>
<p>Ripple’s Chief Legal Officer, Stuart Alderoty, reignited debate over regulatory clarity in the cryptocurrency space, criticizing a pivotal 2018 speech by former SEC Director William Hinman as a “fairy tale.”</p>
<p>Alderoty argued that Hinman’s speech, which suggested cryptocurrencies could “magically morph” between securities and non-securities, has created confusion in the market.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Hinman’s 2018 speech was a fairy tale that a token could magically morph between security and non-security. SEC’s lawyers told Hinman that wasn’t the law and his speech would create market confusion. Friday’s Binance decision again tries to bury the ghost of Hinman.<br><br>Creating…</p>— Stuart Alderoty (@s_alderoty) <a href="https://twitter.com/s_alderoty/status/1807411683956052081?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 30, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Alderoty’s comments came in the wake of a recent <a href="https://coinedition.com/ripple-ceo-brad-garlinghouse-is-overwhelmed-by-landmark-xrp-victory/" rel="noopener noreferrer nofollow">court ruling in the SEC’s case</a> against Binance, which echoed a previous decision regarding Ripple’s XRP token. In both cases, the <a href="https://coinedition.com/judges-smackdown-of-sec-in-binance-case-sparks-hope-for-crypto-industry/" rel="noopener noreferrer nofollow">judges rejected the SEC’s …</a></p>
<p>The post <a href="https://coinedition.com/is-the-howey-test-still-relevant-ripples-alderoty-questions-secs-approach/" rel="noopener noreferrer nofollow">Is the Howey Test Still Relevant? Ripple’s Alderoty Questions SEC’s Approach</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Is the Howey Test Still Relevant? Ripple’s Alderoty Questions SEC’s Approach

Coin Edition

Otros artículos publicados el 1 jul 2024

Roaring Kitty Faces Securities Fraud Claims In A Class Action Suit Which Is Likely To Fail

SEC Loses Historic Supreme Court Law!🔥Gary Gensler Fired?🚨

BingX Joins Chelsea as Kit Partner

Polkadot (DOT) Set for Major Price Move; Says Analyst

Bitcoin Rises Amidst Market Fluctuations

Introduction to Neva Network

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!