AmoreLoveAmor on Nostr: Understanding the distinction between securities and cryptocurrencies is crucial for ...
Understanding the distinction between securities and cryptocurrencies is crucial for regulatory compliance and investor protection. DigiByte (DGB) is a decentralized cryptocurrency that has been designed to prioritize security, speed, and scalability.
DigiByte's decentralized nature, utility, fair launch, and community-driven development distinguish it from securities. It does not meet the criteria of the Howey Test and is therefore classified as a cryptocurrency rather than a security.
- Passes that Howey Test
- Never had an ICO
- Truly decentralized
- Community driven
- True Utility as a medium of exchange.
DigiByte's decentralized nature, utility, fair launch, and community-driven development distinguish it from securities. It does not meet the criteria of the Howey Test and is therefore classified as a cryptocurrency rather than a security.
- Passes that Howey Test
- Never had an ICO
- Truly decentralized
- Community driven
- True Utility as a medium of exchange.