๐ฃ๐ผ Mark Cuban speaks up on crypto regulation! ๐๐ He highlights a 'sub-test' in SEC's criteria for asset security, referring to the 'Reeves test'. ๐ผ๐ก As crypto is a novel asset, he argues for fresh standards. The Reeves test, used to determine 'note' classification, now applies to digital currencies. Gemini's call to apply sub-tests resonates post the XRP case's outcome. ๐๐ #CryptoRegulation #SEC #BitcoinWorld
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