Will Ethereum be dubbed a security by SEC? If so what will the implications be? Will it suffer a major hit in terms of its price and crash. Or will it crash but recover quickly as the long term fundamentals of Ethereum dont change. I suspect the latter is most likely to happen.
If Ethereum is indeed dubbed a security, so will most of the coins in the market. That may cause a crash in the overall cryptocurrency market and will cause a renewed bear market. But I suspect common sense will prevail and Ethereum will not be tagged as a security.Fingers crossed , now lets wait for what SEC has to say on this.