SEC's Take on Cryptocurrencies as Securities and Saudi Arabia's Halal Analysis | HackerNoon

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SEC's Take on Cryptocurrencies as Securities and Saudi Arabia's Halal Analysis | HackerNoon
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Learn about the classification of cryptocurrencies as securities, the Howey test, the importance of regulation, and the debate on whether Bitcoin is Halal. - bitcoin cryptocurrency

US SEC thinks cryptocurrencies are securities. Islamic scholars are divided on whether Bitcoin and cryptocurrencies are [Halal] or not.

In this article, we will go thru the case and learn what securities are, why cryptocurrencies can be considered securities, and why it is important to classify them.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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