When Is a Digital Token a Security, and Why Does It Matter?

[Gunnar Larson]

The fight over crypto is boiling down to an exasperatingly fine legal
point: whether digital coins are securities.

When Is a Digital Token a Security, and Why Does It Matter?
https://www.bloomberg.com/news/articles/2023-06-15/when-is-a-digital-token-a-security-and-why-does-it-matter
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