In a blog post published on Wednesday, founder Sam Bankman-Fried stated that the US arm of crypto trading giant FTX will begin conducting its own analysis to determine whether assets are securities before listing them. While US regulators have stated that some tokens, such as Bitcoin, are not securities, “a number remain unclear,” the crypto executive wrote. FTX US will conduct an analysis of each asset it wants to list until there is more clarity on the issue, according to Bankman-Fried, using a decades-old framework for determining whether something is a security known as the Howey Test.
