Implication of Securities for Ethereum by SEC Chairman Gensler

Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), has hinted that Ethereum (ETH) can be considered a security.

of New York Magazine February 23 Gensler touched upon the general characteristics of securities and, as he has stated many times before, securities aspect can be classified suggested.

Gensler, stockholders usually a specific work based on the group’s activities make a profit don’t expectations stated that. Cryptocurrencies other than Bitcoin are usually entrepreneur group by that it was created And introduce to investors for effort has been made Gensler stated that these features a typical stock He said it has features.

In this context, Ethereum as a security can be recognized Compared to the past, the comments of the SEC Chairman implying much clearer alleged to be.

Gensler has been favored by crypto ecosystem actors due to his rhetoric that has also begun to target Ethereum. subjected to intense criticism left. Actors are skeptical of Gensler’s rhetoric about Ethereum and the recent referring to the stablecoin decision the SEC’s regulation from the gaps fully exploiting the cryptocurrency ecosystem under control to receive what you intend suggested.

source site-9