SEC: Ethereum NOT a Security!

in #ethereum6 years ago (edited)


Breaking: SEC announces that Ethereum is NOT a security. Some of the ICO launched on it could be, depending on central authority and control.

Decentralization, where no single party has the ability to manipulate or cause fraud, gives authorities no good reason to intervene. ICOs that take in capital centrally, and manage it, will be required to follow SEC regulations for securities.

This headline could change the entire sentiment and landscape of the crypto market, is it rally time again?

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The news is welcome relief for digital currency owners who would have been subject to much stricter scrutiny should bitcoin BTCUSD+6.51% and Ether ETHUSD+9.81% be labeled securities.

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Digital Assets > Securities

Let the bull run begin. 🐃🏃🏽‍♀️

Ethereum is breaking news

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@investing This is HUGE news folks!!! There was a lot of speculation that the SEC would come down this way because of the difficulties in regulation ETH as a security. Let’s move forward now. thanks for share

The SEC's point man on cryptocurrencies and initial coin offerings (ICOs) says that bitcoin and ether are not securities but that many, but not all, ICOs are securities and will come under the regulatory control of the SEC and relevant securities laws

Regulation = corruption. Why does the SEC even have the right to name what Eth is either way? Because we the people let them have it! We simply bow to whatever they say and let them drive us as if we love to be driven.

great news but we really need cryptos to fall some more before a healthy rebound can happen. Thanks for sharing this so quickly.

really very great information of crypto currency..alltime giving important news in your blog.obviously your blog is number one blog in this platform.because your explantation skills very perfect and original..i am big fan of your post..i am believe doing this platform.but this time crypto market has been down.. this situation very low position.so,everybody should be keeps alots of patience and self confidence..i hope that,very quickly changed this condition..future this bitcoin stayed top one position. thanks to sharing for your great post.my dear friend.. @investing very well done..best of luck of your great work...

NOt a good news at all, If someone is holding ETH, Sell it as soon as possible, I think now people will start selling and the price decrease will be a disaster.

Valuable update and a wonderful dtube explanation. We should be aware before investing. Some are fraud, choose the best platform for investing. Thanks sir @investing for the valuable content. Happy investing.