Did the SEC Chairman Confirm Ethereum Isn’t a Security? Not Quite, but It’s Optimistic

Cointelegraph

Published Mar 20, 2019 04:59PM ET

Updated Mar 20, 2019 05:23PM ET

Did the SEC Chairman Confirm Ethereum Isn’t a Security? Not Quite, but It’s Optimistic

Ethereum is most likely not a security under existing United States laws, as previously said by U.S. Securities and Exchange Commission (SEC) Division of Corporate Finance head William Hinman.

"Based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions,” Hinman said on June 14, 2018.

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