Friday, 15 June 2018

SEC: The bitcoin and the ethereum are not securities

Whether the bitcoin and the ethereum are securities? One of the biggest questions in the crypto markets. Well, it already has a response from SEC officials.
At the San Francisco crypto conference yesterday, SEC Finance Director General William Hinman said the commission would not classify the ethereum or the bitcoin as securities.
This corresponds to recent comments by JJ Clayton, the head of the SEC, that the bitcoin and other cryptocurrencies are not classified under the definition of "security" and no changes will be made to that definition to be included.
Clayton also said that digital tokens are securities, but cryptocurrencies are not.


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