Why the SEC Shouldn’t Classify ETH as a Security

Why the SEC Shouldn’t Classify ETH as a Security

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Source: Coindesk.com

Recent reporting from CoinDesk and Fortune suggests the U.S. Securities and Exchange Commission is preparing to classify ether (ETH), the native token of the second-largest blockchain, Ethereum, as a security. The move would undoubtedly have severe repercussions for the entire crypto industry, including derailing plans for an spot ETH exchange-traded fund.

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Source: Coindesk.com

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