Howey Test

Highlights: A court has dismissed an investor lawsuit on the securities criteria. The judge ruled that Bored Ape NFTs are not securities, as Yuga Labs marketed them as digital collectibles with perks. The ruling supports a wider trend where digital […]

Highlights: The SEC confirms that liquid staking does not involve securities if providers do not control user assets or investment decisions. The SEC guidance could support staking features in Ethereum ETFs and reduce concerns over managing fund liquidity. Receipt tokens […]

Highlights: Ripple urged the SEC to return to basics and regulate only legally defined securities. The company criticized the SEC for misapplying the Howey test to expand its authority. It commended the SEC’s stance on memecoins and highlighted the need […]

Highlights: Coinbase is seeking court clarity on whether crypto trades are securities to resolve regulatory confusion. The lawsuit against Coinbase raises key legal questions about digital assets and securities regulations. The court decision on the Coinbase appeal could redefine crypto […]

Highlights: Ripple files Form C, outlining four main legal issues in its appeal against the SEC over XRP institutional sales. The appeals court will review existing records without new evidence, as Ripple’s CLO Stuart Alderoty stated. Ripple challenges the district […]

Highlights: Coinbase requests the court to certify its interlocutory appeal. The exchange seeks to ensure the Second Circuit fully understands the SEC’s stance on the Howey Test criteria and its implications. Ripple faces challenges as the SEC appeals a ruling […]