January 05, 2024 | New York Law Journal
New York District Courts Split on Whether Cryptocurrency Is a SecurityThe rapid expansion of cryptocurrency markets—currently topping $3 billion—has drawn the ire of regulators who have issued a raft of confusing and complicated guidance and regulations. Two recent federal district court decisions illustrate the complexity of the debate and provide guidance to companies looking to understand how to classify their cryptocurrency offerings.
By Benjamin Daniels, Jenna Scoville and Ileana Polanco Cavazos
7 minute read
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