"Ethereum is not a security" says SEC official

in #cryptocurrency6 years ago

The SEC have now made it clear after a meeting last Thursday that Ethereum is not a security, but a "coin that is evolving". Why should it be treated as not being a security? Because Ethereum is a decentralized and public network, with no third-party expecting to make a profit from it.

Good news for all of us! Now let's see where the ICO debates take us... That is still shrouded in mystery for the time being.

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Hey @mr-swiss, the markets are pretty crazy right now. Crypto is back to a weird space but I know long term it's still what we're all hoping it will be! Cheers

Yep, really hard to tell when we'll exit this bear trend... I feel like today's BTC and altcoin rally was very predictable but I am a bit disappointed with the volume action. I just hope the 6k support level holds if we go back down to test it!