Financial Regulation · Regulation
Crypto Regulation
The Howey test and whether tokens are securities, SEC vs CFTC turf, the enforcement era (Ripple, Coinbase), spot bitcoin ETFs, the GENIUS Act for stablecoins, market-structure bills and the SEC's proposed Regulation Crypto Assets.
Step 1 of 4 · Overview25 min read ·
Key idea
Prereqs: The CFTC & derivatives; Number Go Up. Next: Economics of crypto & money. Sources: SEC v. W.J. Howey Co. (1946); SEC v. Ripple (S.D.N.Y. 2023); GENIUS Act (2025); SEC press releases. Fast-moving area: check current rules.Next: 1. Howey