XRP Is A Currency, NOT A Security

XRP Is A Currency, NOT A Security
фото показано с : cryptodaily.co.uk

2018-10-5 15:30

A former employee of the US Securities and Exchange Commission (SEC), Michael Didiuk has spoken about XRP and stated that the digital currency is a currency, not a security. He has also justified why he said this.

Didiuk has mentioned the Howey test laid out in 1946 by the Supreme Court determines whether an asset is a security based on the four factors. The four factors that Didiuk includes are an expectation of profits, investment of money, a common enterprise and the effort of a promoter o a third party which is pushing that profit.

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Источник: cryptodaily.co.uk

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