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.
6 answers
CryptoMagician
Thu Nov 07 2024
Bitcoin fulfills the initial requirement of the test.
EnchantedSeeker
Thu Nov 07 2024
Furthermore, an investor's success in
Bitcoin is not reliant on the efforts of others.
JejuSunshineSoulMate
Thu Nov 07 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.
henry_harrison_philosopher
Thu Nov 07 2024
However, it fails to meet the second criterion.
DigitalTreasureHunter
Thu Nov 07 2024
Specifically,
Bitcoin lacks a common enterprise where investors pool their funds.