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RE: The SEC declares Ether not a security
This is definitely a step in the right direction. But the SEC would have to make an official statement to this effect and also be very clear, on paper, what constitutes a Security. I think once that is in place then that is where we will start seeing an influx of institutional money hitting the space. But, if anything, this is a step in the right direction indeed. I'm hopeful
The link in the comment right above yours looks like it is pretty close to what you are wanting to see.
https://www.sec.gov/news/speech/speech-hinman-061418
I totally agree. That's why some of the 'big Wall Street players' are buying into and supporting BTC in grand form. They KNOW that in a few years tax laws and regulations will be in legal writ, protecting their assets.
BTC will be a competitor of fiat; but, without regulations, smh...it's going to be tough to sustain long-term which is prolly why most promote it as a HODL-type investment.
That said, STEEM will be a good promo-tool for the asset; thus, will gain in value on a less momentous, but still, stable form of 'investment'. Of course, this is jmho!
Peace.
That is the hope of most HODL'ers :)
✌!