Home Cryptocurrency Warren Rival for Senate Race John Deaton Argues for Coinbase in U.S. SEC Challenge

Warren Rival for Senate Race John Deaton Argues for Coinbase in U.S. SEC Challenge

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“The Howey test is a transaction-by-transaction analysis,” Deaton argued. “There are thousands of digital assets and thousands, sometimes millions, of transactions occurring on various blockchains. Because of this inconvenient reality, the SEC adopted an unconstitutional shortcut by effectively saying all transactions of the tokens violate securities laws.”

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