• Bitcoin and ether shouldn't be regulated like stocks and bonds, a top SEC official says

    6 days ago - By Washington Post


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  • Ethereum and Bitcoin Prices Jump After SEC Official Says Ether Is Not a Security

    6 days ago - By Fortune

    A grey cloud hanging over the heads of cryptocurrency investors lifted Thursday after the Securities and Exchange Commission ruled that Ethereum is not a security.
    The price of Ethereum shot up 10% to $514 in response to the decision, revealed on Thursday in prepared remarks from SEC Director of Corporate Finance William Hinman at the Yahoo Finance All Market Summit: Crypto.
    “Putting aside the fundraising that accompanied the creation of Ether, based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether...
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  • SEC says Ether isn't a security, but tokens based on Ether can be

    6 days ago - By Tech Crunch

    “In cases where there is no... central enterprise being invested in or where the digital asset is sold only to be used to purchase a good or service available through the network on which it was created,” that digital asset is “out of the purview of U.S. securities laws”, according to William Hinman , the director of the division of corporation finance at the U.S. Securities and Exchange Commission.
    This statement from Hinman at the Yahoo Finance All Markets Summit: Crypto will likely be seen as the starting gun on a crypto free-for-all in the United States.
    Hinman's comments were...
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  • Cryptocurrency ether soars 9% after SEC official says it's not a security

    6 days ago - By CNBC

    The world's second largest cryptocurrency ether jumped roughly 9 percent Thursday after a key SEC official made it clear that it is not a security.
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