top of page
Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What is the primary purpose of the Howey Test?
A. To determine if a cryptocurrency is subject to tax regulations.
B. To determine whether a cryptocurrency or token qualifies as a security.
C. To assess the market demand for a cryptocurrency.
Question 2:
Which of the following is NOT one of the four criteria of the Howey Test?
A. Investment of Money
B. Expectation of Profits
C. Government Regulation
Question 3:
What are the potential consequences if a cryptocurrency is misclassified as a security?
A. The issuer may face financial fines and legal sanctions.
B. The cryptocurrency will be automatically delisted from exchanges.
C. The issuer will be required to pay taxes on the cryptocurrency.
-
bottom of page