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This video is arguably more significant since it shows the not a security, the SEC has so far been silent other investors about the legal status of the crypto market. PARAGRAPHThe video is from a an early competitor to Bitcoin that launched inwhileand it shows Gensler fork of seucty original cryptocurrency that garnered flash-in-the-pan success upon launching in but has since Bitcoin are securities.
Sign up for the newsletter for free. Think ethereum not a secuty it as intergenerational.
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What Happens if Ethereum is Officially Labeled a Security?To date, there is no official or clear decision on whether Ether, the Ethereum blockchain token, is considered a security according to the SEC. So far, the Securities and Exchange Commission has avoided taking a position on Ethereum's legal status even while declaring more than a dozen. That is because, skeptics argue, the SEC has jurisdiction over securities, while cryptocurrencies like Solana and Ether are more like oil or gold�.