Dr. Fariborz Ghadar

Research-driven, future-focused conversations for passionate global citizens. Senior Adviser at @CSIS. William A. Schreyer Chair at @penn_state.

[Dr. Fariborz Ghadar @FGhadar]

I'm thrilled to announce that my latest book, The Danger of Devaluing Immigrants, is now available from ABC-CLIO and to pre-order on Amazon. It continues the work of my last book, Becoming American, and demonstrates the vital role immigrants play in all sectors of the US economy.

[Dr. Fariborz Ghadar @FGhadar]

In conclusion, the question of whether stablecoins and CBDCs are securities is not a straightforward one. It requires a thorough analysis of the Howey test and other factors, as well as further steps from lawmakers and regulators. #ThoroughAnalysis #HoweyTest #Securities

[Dr. Fariborz Ghadar @FGhadar]

Central bank digital currencies (CBDCs) on the other hand are primarily intended to serve as a digital representation of a country's fiat currency and not designed as investment products, so they are not securities. #CBDCs #cryptocurrency

[Dr. Fariborz Ghadar @FGhadar]

Centralized stablecoins may be more likely to be classified as securities, while decentralized stablecoins may have a more complex analysis. #Centralized #Decentralized #ComplexAnalysis #Securities

[Dr. Fariborz Ghadar @FGhadar]

Ultimately, whether a stablecoin is a security will depend on the specific facts and circumstances of each case, including the nature of the issuer, the manner in which the stablecoin is backed, and the regulatory landscape. #Issuer #Backed #RegulatoryLandscape #Securities

[Dr. Fariborz Ghadar @FGhadar]

In 2019, the SEC released a framework for analyzing whether a digital asset is a security, which includes a list of factors to consider. However, this framework is not binding law and has been criticized for lacking clarity. #SEC #Framework #DigitalAssets #Securities

[Dr. Fariborz Ghadar @FGhadar]

It's also important to consider the regulatory landscape in which stablecoins operate. The US SEC has issued guidance indicating that some cryptocurrencies may be considered securities. #RegulatoryLandscape #SEC #Cryptocurrencies #Securities

[Dr. Fariborz Ghadar @FGhadar]

Binance is a cryptocurrency exchange and trading platform, but it's not considered a security. However, its regulatory status is still evolving. #cryptotrading #binance

[Dr. Fariborz Ghadar @FGhadar]

Decentralized stablecoins, like MakerDAO's DAI, are backed by collateral in the form of other cryptocurrencies and are not issued by a centralized entity. However, they may still be classified as securities depending on the specific facts and circumstances. #MakerDAO #DAI

[Dr. Fariborz Ghadar @FGhadar]

Stablecoins like Tether and USD Coin may be more likely to be classified as securities since investors are essentially buying into a common enterprise with the expectation of profit from the efforts of the issuer. #StableCoins #Tether #USDC

[Dr. Fariborz Ghadar @FGhadar]

According to the Howey test, a security is an investment contract that involves investing money in a common enterprise and expecting profits solely from the efforts of others. #InvestmentContract #CommonEnterprise #profits

[Dr. Fariborz Ghadar @FGhadar]

Are stablecoins securities? To answer this question, we must analyze whether they pass the "investment contract" aspect of the Howey test. #HoweyTest #StableCoins #Securities

[Dr. Fariborz Ghadar @FGhadar]

Conclusion
Learn all this and more when you buy The Danger of Devaluing Immigrants!
https://t.co/qA16Zbl9x5

[Dr. Fariborz Ghadar @FGhadar]

Chapter 10 – Attitudes
Learn how Americans think, and have thought, about immigration. Should immigrants have to assimilate?
https://t.co/qA16Zbl9x5

[Dr. Fariborz Ghadar @FGhadar]

Chapter 9 – Extraordinary Immigrants
Learn the inspiring stories of some of our most famous immigrants – from Madeleine Albright to Arnold Schwarzenegger.
https://t.co/qA16ZbkBHx

[Dr. Fariborz Ghadar @FGhadar]

Chapter 8 – Construction
Learn about the construction industry’s hiring problem. More than 400,000 jobs, which immigrants could fill, are open.
https://t.co/qA16Zbl9x5

[Dr. Fariborz Ghadar @FGhadar]

Chapter 7 – Hospitality
Learn how immigrants make your stay more comfortable. Indian-Americans own half of US hotels and motels.
https://t.co/qA16Zbl9x5

[Dr. Fariborz Ghadar @FGhadar]

Chapter 6 – Food
Learn about how immigrants feed America. Immigrant laborers form the backbone of agricultural and food packaging employees.
https://t.co/qA16ZbkBHx

[Dr. Fariborz Ghadar @FGhadar]

Chapter 5 – Education
Learn about immigrants’ vital role as teachers and education support staff. 22% of professors are immigrants.
https://t.co/qA16ZbkBHx

[Dr. Fariborz Ghadar @FGhadar]

Chapter 4 – Healthcare
Learn about the vital role of immigrants in America’s understaffed healthcare industry. 28% of doctors and 38% of home health aides are immigrants.
https://t.co/qA16ZbkBHx

[Dr. Fariborz Ghadar @FGhadar]

Chapter 3 – Entrepreneurship
Learn about the 3.1 million immigrant entrepreneurs in America and their impact on GDP and employment.
https://t.co/qA16ZbkBHx