The U.S. Securities and Exchange Commission (SEC) has declared that Ethereum (ETH) is not a security under U.S. securities law as it is a decentralized structure that is not controlled by any committed third party.
SEC Backs Decentralized Coins
Speaking at the Yahoo All Markets Summit: Crypto conference in San Francisco, the finance head said that the key issue is how the asset is sold and the ‘expectations of purchasers.’ At the time of publishing, Ethereum is trading at $518, according to CoinMarketCap, up by 9.59 percent in 24 hours.
William Hinman, head

This post is an exerpt of an original post published on News BTC. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.

China Updates Crypto Rankings, Downgrades Bitcoin

China Updates Crypto Rankings, Downgrades Bitcoin The China Center for Information Industry Development has updated its crypto rankings. The list contains 33 crypto projects,...

Dutch Supermarket Giant Adopts Blockchain to Make Orange Juice Production Transparent

Dutch Supermarket Giant Adopts Blockchain to Make Orange Juice Production Transparent Albert Heijn, Holland’s largest supermarket chain, has revealed it is using blockchain to make the production chain...

8 Celebrities Who Love Crypto

Over the past couple of years, cryptocurrency has received a star-studded boost from actors, reality stars and singers. Some of these celebrities are deeply...

Pavo Teams with TAKE Energy Corporation of Japan

Pavo, a software company providing a fee-based IoT Blockchain software platform for the agriculture ecosystem, announced today a partnership with TAKE Energy Corporation of...

US Navy Launches Blockchain Research in Mission to Improve Tracking System

US Navy Launches Blockchain Research in Mission to Improve Tracking System A U.S. Navy command is exploring the potential of blockchain technology in tracking...

TTC Protocol Partners with the White Hat Hacker Community Hacken, to Improve its Cybersecurity

The same year, hackers attacked Uber exposing data of 20 million users. In about a year, both companies started a bug bounty program to...
loading...