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SEC Director Announces Ether as Not a Security
The Director of the SEC’s corporate finance division, William Hinman announced today at a Yahoo Finance All Markets Summit for Crypto, stated that ether is currently not structured as a security and will not be regulated as one.
Hinan states “when we think about how ether is operating today, we see a highly decentralized network. This is not the type of centralized actor.....read more here: http://cryptocoinjunky.com/sec-director-announces-ether-as-not-a-security/