On March 21, according to a statement published by the SEC of the USA regarding certain mining activities using PoW, the financial department of the SEC of the USA believes that individual and collective ( so-called PoW mining) activities are not considered transactions involving securities. According to the principles of the Howey Test (, miners do not rely on the efforts of others to make a profit, but rather receive rewards for their own computational contributions to the network.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)