A Director for the SEC Claims Ether is Not a Security

A top executive for the US Securities and Exchange Commission has said that the digital currency of the Ethereum network, Ether, is not considered a security under federal regulations. William Hinnan, who is a director for the SEC’s corporate finance division, said that ether will not be a regulated security by the SEC. He also shared that even though ether was originally issued to create an ICO-style crowdsale, the network eventually became decentralized and that it did not have a controlling power. The assets that were initially sold as securities had the probability to lose that designation, down the line.

8 Replies to “A Director for the SEC Claims Ether is Not a Security”

  1. Hello I am so glad I found your blog page, I really
    found you by mistake, while I was searching on Yahoo for something else, Anyways I am here now and would just like to say cheers for a remarkable post and a
    all round exciting blog (I also love the theme/design), I don’t have time to look over it all at the
    moment but I have bookmarked it and also added in your RSS feeds, so when I
    have time I will be back to read a lot more, Please do keep
    up the fantastic job.

Leave a Reply

Your email address will not be published. Required fields are marked *


Harvard Purchased a Cryptocurrency!

Harvard University has recently bought into a

18 Apr, 2019

The SEC Publishes its Highly Anticipated Crypto Token Guide

Token issuers now have guidance from the

06 Apr, 2019

Subscribe To Our Newsletter

Keep in touch with the latest news and the most efficient ways to trade your digital cash today.