Ether Jumps on SEC Statement

in #ether • 6 years ago

Ether prices jumped after a SEC official made a statement that the crypto is not a security. Dash is trading barely changed compared to one week ago.
Ether Jumps on SEC Statement

At the Yahoo Finance’s All Market Summit: Crypto in San Francisco, the U.S. SEC Director of Corporate Finance William Hinman said that the commission would not be classifying ether or bitcoin as securities. Tokens that ‘run’ on the ether blockchain may be classified as securities. Over the past few months there were worries that regulation could spill over from the token market to ETH itself. More of this clarified SEC position here.

Read more: https://blog.fxopen.com/ether-jumps-on-sec-statement/

6 years ago in #ether by
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