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For this there A legal assessment has been finally compiled by @K27#1391 and is a test which can be found available here: https://wwwdocs.coinistgoogle.iocom/the-howey-test-the-sec-anddocument/d/1nI8P2gkiFtoq6XutTDsKb0DM2UMIMxiTz_-icomi1PT5GY/edit?usp=sharingRavencoin is passing the test and is NOT It shall be used for exchanges requesting a security. The website provides some good insights, which might help answering somequestions asked in the exchange application. Currently there is no legal assessment of Ravencoins security state. However we are currently trying to get a legal assessment in place. If You are working work security assessments and cansupport please contact @haxmat#0554 and @blackjesus#1918 on discordreference.
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== Is Ravencoin a security ==
Securities are much more controlled and legislated. An important question will be if Ravencoin is a security or not.
== What is Ravencoin ==
