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The Howey Test: The Fine Line Between a Security Token and a Utility Token

The Howey Test: The Fine Line Between a Security Token and a Utility Token

by Constantin Kogan | Oct 11, 2019 | Crypto & Blockchain, Digital Securities, Legal

The Securities and Exchange Commission’s recent barrage of crypto-related firms and investments with enforcement actions tells a story that has long been a mystery to many. Two of these prominent cases made headlines in June. The first, a case against a social media...
5 Major Takeaways from SEC’s New Investor Protection Rule

5 Major Takeaways from SEC’s New Investor Protection Rule

by Constantin Kogan | Aug 7, 2019 | Digital Securities, Legal

It seems that the controversies surrounding SEC’s newly adopted Regulation Best Interest rule (Reg BI), would continue to take center stage, even though it goes into effect next summer. The regulation is the culmination of a decade-long process that started in 2010,...
What you need to know about how the JOBS Act affects Smart Securities

What you need to know about how the JOBS Act affects Smart Securities

by Constantin Kogan | Feb 18, 2019 | Digital Securities, Legal

The single most fundamental problem that every startup faces is the dilemma of how to secure funding. Seeing as 25% of startups go under within their first year of business, it’s clear that the funding problem is not always an easy nut to crack. But all that may...

Recent Posts

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  • A dilemma of choosing the right book from billions of options

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