Very crucial for ether
According to Wall Street Journal, some related officials are examining whether ether and other cryptos should be deemed as securities. If yes, it’ll be very bad for ether. But I think that ether should not be treated as securities since it is mined. This may suggest that ethereum should not change itself from PoW to PoS. This also indicates that investors should be very careful about those “not mineable” coins or tokens in the long run. The centralized and “not mineable” coins or tokens are definitely securities since they are controlled by several nodes or institutions or people. Unlike bitcoin, they should be regulated as securities.