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Topic: ETH not a Security according to the SEC... (Read 132 times)

member
Activity: 162
Merit: 10
June 14, 2018, 08:34:26 PM
#4
I see. So this is the reason why ETH value goes up. This is a good news to eth investors. hopefully the price continues to go up
hero member
Activity: 1022
Merit: 503
This will be good for the network and as well as the price because this will not be subjected for further regulation and SEC said even bitcoin isn't a security. This is like a relief for everyone as SEC had always eyed bitcoin being a threat for securities.

You can read the full article here.
https://cointelegraph.com/news/senior-us-regulator-says-ethereum-in-its-present-state-is-not-a-security
legendary
Activity: 3108
Merit: 1029
I definitely believe this are huge news not only for ETH but the space... But specifically for ETH I believe several things will happen, first  this is an important step towards the creation of an ETH ETF, also this will be quite reassuring for a lot of big investor on their current digital investments, perhaps lead them to diversify a bit more confidently as well help inject some more fiat in the space.
The ethereum network has used by so many companies to provide and develop the future infrastructure to support and minimize the cost of their business. It looks like ether gonna be another huge platform in the future. That means US investors will able to buy more ethereum safely. And i like that. that's a huge news.
full member
Activity: 179
Merit: 100
I definitely believe this are huge news not only for ETH but the space... But specifically for ETH I believe several things will happen, first  this is an important step towards the creation of an ETH ETF, also this will be quite reassuring for a lot of big investor on their current digital investments, perhaps lead them to diversify a bit more confidently as well help inject some more fiat in the space.
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