Cryptocurrency Q&A Does Bitcoin pass Howey test?

Does Bitcoin pass Howey test?

OpalSolitude OpalSolitude Wed Nov 06 2024 | 6 answers 869
I'm exploring the legal status of Bitcoin, specifically whether it falls under the securities category according to the Howey test. I want to understand if Bitcoin meets the criteria set by the test to be considered a security. Does Bitcoin pass Howey test?

6 answers

CryptoMagician CryptoMagician Thu Nov 07 2024
Bitcoin fulfills the initial requirement of the test.

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EnchantedSeeker EnchantedSeeker Thu Nov 07 2024
Furthermore, an investor's success in Bitcoin is not reliant on the efforts of others.

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JejuSunshineSoulMate JejuSunshineSoulMate Thu Nov 07 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.

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henry_harrison_philosopher henry_harrison_philosopher Thu Nov 07 2024
However, it fails to meet the second criterion.

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DigitalTreasureHunter DigitalTreasureHunter Thu Nov 07 2024
Specifically, Bitcoin lacks a common enterprise where investors pool their funds.

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