Financial Regulation International
Ripple's Wells submission - the Howey test and the cryptoasset landscape
Sarbjit Klair
As a recap, the first article in this series
1 looked at how the Howey test applies to digital assets more generally and also to different crypto projects. This article
delves into the SEC v Ripple
2 case, how the test is applied in Ripple, and what makes the case unique.