3 ms·
Is the relationship pretty much ICOs or tokens are a security and older options are like gold? ie: BTC, LTC, Monero are gold but an ERC20 token is a security a
by sosuke 3y ago
Is the relationship pretty much ICOs or tokens are a security and older options are like gold?
ie: BTC, LTC, Monero are gold but an ERC20 token is a security and Cardano is a security because it was an ICO? I don't know off hand if Ethereum was an ICO.
I keep thinking this but I can't remember seeing anyone suggest that each coin could be categorized differently. Is it possible we ended up splitting the crypto currency market into multiple groups?
- latchkey 3y ago> but an ERC20 token is a security What is WETH then?
- ericpauley 3y agoIt comes down to the Howie test. Matt Levine has written a fair bit on this: https://www.bloomberg.com/opinion/articles/2023-02-13/the-sec-cracks-down-on-crypto#xj4y7vzkg https://www.bloomberg.com/opinion/articles/2023-02-13/the-se...