Image from Miloslav Hamřík at Pixabay
Good news everyone! 😄
SEC doesn’t consider Ethereum as security. This piece of news is now confirmed. The government body now states that Bitcoin is not a security, and neither is Ethereum’s ether. Thus the ETH token has been classified as usable currency.
This is great news, coming straight from SEC. The SEC has always been great pain in the arse for crypto sphere projects and blockchain technology.
SEC is an official regulator that each time imposes more regulations with respect to cryptocurrencies and above all exchange projects.
However, it has given the green light for Ethereum, which means that it will make it more attractive to large investors.
What do you think? Will it be a good time to buy Ether?
Keep spreading the Steemit love
Thanks for passing by!