Coinbase Chief Legal Officer: The Problem With SEC's Howey Test Isn't Its Age

Coinbase Chief Legal Officer Paul Grewal discussed the "Howey Test," which the SEC uses as its yard stick for whether a crypto asset should be regulated as a security, and told Decrypt's Stacy Elliott and Dan Roberts the issue with it isn't that it's old (the case is from 1946) but how it's being applied to modern technology. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.

from Decrypt https://ift.tt/UyVKxFp