Ripple highlighted in its official submission that digital currencies do not seamlessly align with the conventional securities framework commonly referred to as the Howey Test. The well-articulated seven-page document underscored the Securities and Exchange Commission’s (SEC) approach of relying on enforcement measures rather than providing transparent regulatory directives, which ultimately generates ambiguity for market participants and results in capricious legal interpretations. Stay informed with the newest updates on finance and business by visiting COINTURK FINANCE.
