Is a Digital Asset a Security Or… Is It Not?

Business Transactions   |   Blockchain and Digital Currency   |   Securities & Investment Companies   |   Technology & Telecommunications   |   May 2, 2019
Carlton Fields blockchain attorney Andrew (Drew) Hinkes was quoted in an analysis published by EisnerAmper about the Securities and Exchange Commission’s recently issued framework for digital assets.
“It’s not a rule, law, ordinance, or even guidance,” Hinkes told the publication. “It is more likely another tool for lawyers to use to analyze offerings and make legal arguments, leaving it for courts ultimately to decide whether a particular token is or isn’t a security.”
READ: EisnerAmper, “Is a Digital Asset a Security or … Is It Not?

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