Avorak Reveals Not all Altcoins are Securities
The burning question in crypto circles recently is whether all altcoins are securities. While those listed by SEC as securities file their responses, concerns about the SEC’s lack of clarity on regulations are evident as investors are treated to varying responses. On that note, the Avorak AI team finds it prudent to lay bare the facts for clarity and bury the confusion.
What Are Securities?
Cryptocurrencies are unique, far much different than traditional finance, and whether they are securities or commodities calls for a…