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.

Continue reading XRP Is A Currency, NOT A Security at Crypto Daily™.

.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Universal Currency (UNIT) на Currencies.ru

$ 0.0001272 (+27.27%)
Объем 24H $327
Изменеия 24h: 0.39 %, 7d: -0.52 %
Cегодня L: $0.0001272 - H: $0.0001272
Капитализация $2.028k Rank 2376
Цена в час новости $ 0.0713665 (-99.82%)

security currency xrp didiuk factors four asset

Источник: cryptodaily.co.uk

security currency → Результатов: 93


Monero Launches Malware Response Workgroup Website

Tenth-largest cryptocurrency Monero has announced the launch of a malware response workgroup website intended to address the platform’s rampant digital crime. Monero’s privacy, security, decentralization, and fungibility have long made it a favorite among digital currency users, but, as previously reported by Unhashed, recent analysis has revealed that more than 5 percent of Monero tokens… The post Monero Launches Malware Response Workgroup Website appeared first on UNHASHED.

2018-10-1 07:15


Фото:

SEC Charges Forex Broker for Illegal Securities Swaps Involving Bitcoin

In what seems like the first coordinated strike from government agencies, the U. S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal Bureau of Investigation (FBI) have taken action against a securities broker for violating federal laws in connection with security-based swaps funded by bitcoin.

2018-9-29 22:29


Фото:

Four Steps for Total Crypto Security

When it comes to keeping your crypto safe from outside theft or harm, plenty can be done. You wouldn’t leave your wallet out in public unattended. You wouldn’t leave your car in a lot with the keys in the ignition – so why trust that your digital currency is any safer? Secure your PC, yourself […] Four Steps for Total Crypto Security was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-9-25 17:39


Фото:

Dubai Security Chief Wants Stricter Cryptocurrency Laws

Dubai security chief noted that stricter measures need to be put in place for cryptocurrency laws, to ensure investors’ protection. The Use of Cryptocurrency in Electronic Crimes Assistant-Commander of the Criminal Investigation Department (CID), Major-General Khalil Ibrahim Al Mansouri, said that the public was not enlightened on the dangers of virtual currency.

2018-9-19 19:07


Фото:

US Regulatory Authority Approves BitGo For Custodian – BTC, ETH & XRP For Recovery

US regulatory authority approves BitGo for the status of a custodian for crypto and the market is booming during positive news. The digital currency security startup BitGo has been granted approval of a custodian for crypto and other virtual assets after the company put in a request for permission to act as a digital asset custodian.

2018-9-14 21:30


The Security Token Offering (STO) – It’s a Trap!

The security token offering, or STO as it is better known, has become more commonplace in today’s crypto fundraising market. As we all know, the initial coin offering (ICO) spawned a generation of technology enthusiasts that were looking to launch their currency in the open market, and in doing so, offer them at a cheaper […] The post The Security Token Offering (STO) – It’s a Trap! appeared first on CryptoSlate.

2018-9-5 22:00


Magnify ICO

The Magnify project provides an opportunity to increase the security of your funds. Magnify Wallet stores your crypto currency and allows you to carry out transfers and make payments without having you to open private keys each time (every time you use a private key, it can be compromised).

2018-9-3 14:33


Фото:

Crypto Mass Adoption Depends On Usability And Cross Currency Cooperation

After emerging to prominence as a byproduct of the cryptocurrency movement, blockchain technology is definitely having a moment of its own. In many ways, it arrived at the perfect time. While news headlines reflect the mounting concerns about the current internet structure’s viability in the digital age, the blockchain brings needed security and usability upgrades to the forefront of the tech scene.

2018-8-30 12:30


Фото:

SEC Loopholes That Could Impact XRP

XRP, the native currency to the Ripple project and no doubt the United States Securities and Exchange Commission’s’ (SEC) worst enemy (after the Bitcoin ETF of course). The problem with XRP is that within the US, a number of people are taking Ripple to court for dealing an unregistered security (XRP), but, nobody is able to define whether or not XRP is actually a security, therefore the SEC are left in limbo.

2018-8-23 15:30


Liechtenstein’s Union Bank AG to Launch World’s First Security Token Backed by a Regulated Bank

A new security token is currently under development which, upon launch, will be the world’s first cryptocurrency backed by a fully regulated bank. Liechenstein’s Union Bank AG released a new statement announcing “a transformative Crypto Currency and Blockchain initiative: the fully licensed bank in Liechtenstein will be the first bank ever to issue its own… The post Liechtenstein’s Union Bank AG to Launch World’s First Security Token Backed by a Regulated Bank appeared first on UNHASHED.

2018-8-23 22:20


Bitcoin Price Watch: Could Today’s Rise Signal the Currency’s Return?

At press time, the largest cryptocurrency by market cap is trading for over $6,400. That’s about $200 higher than where it stood 24 hours ago. Yesterday, we discussed that bitcoin had dropped significantly in reaction to the Security and Exchange Commission (SEC) postponing its decision regarding the bitcoin ETF submitted by VanEck. Up to that […]

2018-8-10 20:29


дальше еще 44 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Tether CEO slams Ripple chief’s USDT remarks: Here’s what he said

Tether CEO Paolo Ardoino has slammed Ripple CEO Brad Garlinghouse’s remarks that the US government is “going after” Tether (USDT) as mere “FUD.” The Tether CEO also hit back at Garlinghouse as a CEO at the helm of a company currently under investigation by the US Securities and Exchange Commission (SEC). UDST is the world’s […]

SEC files final response in XRP lawsuit, rejects Ripple’s claims

The United States States Securities and Exchange Commission (SEC)  has filed its final response to its ongoing lawsuit against Ripple. According to the filing, the commission has refuted Ripple’s claims that it acted without recklessness in handling the XRP cryptocurrency.…

SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’

The US Securities and Exchange Commission (SEC) appears to be targeting Ripple’s proposed stablecoin in its latest court filing against the crypto company. In its May 7 redacted remedies reply brief, the regulator described the proposed stablecoin as an “unregistered crypto asset” and further evidence that the company will continue to engage in unregulated activities […] The post SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’ appeared first on CryptoSlate.