SEC lists Ethereum as consumable currency!
![](https://steemitimages.com/640x0/https://i.imgur.com/EcZa7HW.jpg)
Image from Miloslav Hamřík at Pixabay
Good news everyone! 😄
SEC doesn’t consider Ethereum as security. This piece of news is now confirmed. The government body now states that Bitcoin is not a security, and neither is Ethereum’s ether. Thus the ETH token has been classified as usable currency.
This is great news, coming straight from SEC. The SEC has always been great pain in the arse for crypto sphere projects and blockchain technology.
SEC is an official regulator that each time imposes more regulations with respect to cryptocurrencies and above all exchange projects.
However, it has given the green light for Ethereum, which means that it will make it more attractive to large investors.
What do you think? Will it be a good time to buy Ether?
![](https://steemitimages.com/640x0/https://i.imgur.com/JromQXz.png)
Keep spreading the Steemit love
Hello my dear @jadams2k18, it's good news, if it encourages mass adoption, if so, then we continue on a good path.
Thanks brothe
Yes, that's true.![](https://steemitimages.com/640x0/https://i.imgur.com/iqZBAh1.png)
I am a bit shocked that I did not hear about this until now. TY
Hi! Yes, Ether looks better than ever![](https://steemitimages.com/640x0/https://i.imgur.com/LQziO6Z.png)
I am a bit shocked
That I did not hear about
This until now. TY
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Thanks for the new badge![](https://steemitimages.com/640x0/https://i.imgur.com/JVq026b.png)
Dear @jadams2k18
Perhaps if one would think only about investing and making profit, then it would be good time to buy eth.
Personally I believe that the best one can do is to invest in project, which they understand and are somehow part of it (like we're part of STEEM blockchain).
Yours
Piotr
Cheers to that my friend![](https://steemitimages.com/640x0/https://i.imgur.com/LQziO6Z.png)