Are ApeCoin BAYC Cryptocurrency Covered by SEC?

Will Bored Ape Yacht Club BAYC NFT collection ApeCoin pass the Howey-test to determine if the cryptocurrency is an investment contract, therefore a security. SEC cryptocurrency many tokens are offered and sold as securities – thus bring them under the purview of the SEC.

Related Keywords

Connecticut ,United States ,Cryptopunks Nfts ,Cryptopunk Nfts ,Gary Gensler ,Commodities Futures Trading Commission ,Ape Yacht Club ,Microsoft ,Yuga Labs ,Bored Ape Yacht Club ,Yuga Labs Tweeted ,Chester Pierce ,Legal ,Business ,Ored Ape Yacht Club Bayc Nft Collection ,Ft Collections Larva Labs ,23 Cryptopunk Nft ,Pecoin Issued Airdropped Bayc Nft Collection ,Ec Cryptocurrency ,