You are viewing a single comment's thread from:

RE: Good News, Ethereum Is Not a Security Nor Is Bitcoin. Markets React Positively

in #ethereum7 years ago

When someone says that they something is not a 'securities' is'nt that just a fancy way to say that it is backed by nothing?

Sort:  

Not necessarily. It deals more with legal definitions and regulations. This ruling will help developers and the crypto industry know where they stand as far as laws and guidelines. I take it as good news because it clarifies direction to head for Bitcoin. Ethereum and similar cryptos

I guess I did not think about it like that...thanks!