Ethereum (ETH) Merge in the network has been eagerly awaited for a long time. And finally the moment came and Merge The merger has been successfully completed.
ETH Merge Apart from CFTC Chairman Rostin Behnam on this issue, while maintaining the hot spot on the agenda. From SEC chairman Gary Gensler An explanation came.
The head of the SEC said in a statement today that models where investors earn money by staking, without specifying any cryptocurrency name, can put that asset in security status.
“Intermediaries that allow cryptocurrencies and their holders to stake their coins can use an important test used by the courts to determine whether an asset is a security.
Known as the Howey test, this test examines whether an asset is bought by investors hoping to generate returns based on the efforts of others. “
The SEC Chairman said in a statement today. Ethereum Although it does not use any other crypto currency name, it is considered to mean Ethereum, which has switched to POS today. Because after Merge, miners started to earn staking rewards in Ethereum.
In this context, the Merge merger is the second largest cryptocurrency. EthereumIt may have turned it into a security with the SEC.
As is known, SEC chairman Gary Gensler of cryptocurrency argues that it is a security and should be subject to SEC scrutiny.
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