Cardano, a leading blockchain platform, has faced scrutiny regarding its classification as a security. This article presents a compelling argument showcasing how Cardano successfully meets the criteria of the Howey Test while highlighting its functional ecosystem and utility. By examining the factors of the Howey Test and acknowledging Cardano’s thriving ecosystem, we can solidify its […]
The enforcement actions taken by the U.S. Securities and Exchange Commission (SEC) on cryptocurrencies have sparked controversy, with concerns raised about the agency’s consistency and potential violations of freedom and civil rights. This article examines the contradictory statements made by SEC Chairman Gary Gensler, the arbitrary nature of changing classification standards, and the implications for […]