Chief Financial Officer, U.S. Development Service: Building DeFi Applications Using Management Tokens to Increase Revenue to Meet Security Guidelines

The December 9 U.S. Congressional crypto hearing begins. Todd Phillips, CFO of the Center for American Progress, said it was "not clear" whether Howey's experience was safe or not. Phillips said: “Howey's experiences show that basically if something is a contract, a contract or a plan, you put your money together in the business. Join a business and expect the rewards to come from the efforts of an executive or a third party. , then start a DeFi application developer, ”Phillips said. almost 80 years old. It's wrong to try to confuse that for years. "(CoinDesk)