“Decentralized” No More — SEC Drops Proposed Blockchain Test?

Another takeaway of mine from the SEC’s April 3rd releases was noting a striking shift in gears from the SEC. Namely, there was a conspicuous lack of emphasis on the “degree of decentralization” of blockchain token-issuers as applied to the security-vs-utility analysis of their tokens (I didn’t mention this in my earlier post, to keep it as short […]