Author Topic: SEC announces ether is not a security!!!  (Read 5 times)

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SEC announces ether is not a security!!!
« on: June 14, 2018, 08:33:49 PM »
Are bitcoin and ether securities? Finally, one of the biggest questions and debates
in crypto has been answered by the SEC, officially.

In an announcement at Yahoo Finance’s All Market Summit: Crypto in San Francisco
on Thursday, the U.S. Securities and Exchange Commission Director of Corporate
Finance William Hinman said that the commission would not be classifying ether or
bitcoin as a securities.

https://finance.yahoo.com/news/sec-announces-ether-not-security-162658147.html?guccounter=2

Obviously this is great news, maybe the uncertainty is partly responsible for this latest bear market. Today prices have picked up so we can only hope it continues upward now we have some clarify from the SEC. Is there more clarity to follow.....