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RE: May 7 - A Crucial day for cryptocurrencies
Nice post.
Two questions:
- How do you know the decision is coming today?
- What are the implications for token holders if Ethereum is a security? Why would this cause the price to go down?
From news sources:
https://coingeek.com/sec-cftc-to-decide-whether-ethereum-other-cryptocurrencies-are-securities/
Ethereum will be held in violation of securities laws and raising money illegally without SEC approval