Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: CryptoGirl on June 14, 2018, 07:04:12 PM

Title: Ether is not a security, says the SEC
Post by: CryptoGirl on June 14, 2018, 07:04:12 PM

Quote

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 securities.

The commission’s policy is in line with what SEC Chair Jay Clayton said recently about bitcoin: that cryptocurrencies are not securities and the definition of “security” would not change to include bitcoin. (Clayton said digital tokens were securities, but cryptocurrencies were not.) Hinman’s announcement marks the official position of the SEC: the name isn’t important, but the way in which it’s sold, promised, and behaves is the key deciding factor.

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

Title: Re: Ether is not a security, says the SEC
Post by: Kinal on July 27, 2018, 03:01:11 AM

Today this information is relevant, and tomorrow it may change. I can't trust this completely.

Title: Re: Ether is not a security, says the SEC
Post by: I-Bit on July 28, 2018, 02:55:58 AM

I think it is someone's point of view only. I cannot say it will be valid forever. It is possible, later he/she says Ether may become a security.  ;D