Most countries define security as either equity or fixed income instrument and that's all. Nothing of the US "maybe it is, maybe it isn't ... is there expectatiom of profits? ... so maybe it is or it isn't"
My country has a list of things that are securities written into the law. Until they write in there crypto tokens they are not securities.
My country has a list of things that are securities written into the law. Until they write in there crypto tokens they are not securities.