In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security.
“… based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure, current offers and sales of Ether are not securities transactions,” Hinman said in a speech at the summit.
Along with ether, Hinman stated that the SEC would not classify bitcoin as a security, either.
Rather, both cryptocurrencies function similar to commodities like gold, silver or oil, the agency believes.
But not all coins are created equal, Hinman expressed in his speech, and the SEC’s leniency on crypto’s top assets won’t relieve tokens from scrutiny.
Prior to this, there was an announcement made much earlier in the week by the SEC chairman, where he clearly defined and differentiated currencies from tokens and what should be regulated and what shouldn’t.
The Security and Exchange Commission’s (SEC) Director of Corporate Finance, William Hinman, announced at Yahoo Finance’s All Market Summit: Crypto today that bitcoin, ether, and other decentralized cryptocurrencies will not be classified as securities.
In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security.
Лондонская фондовая биржа объявила в понедельник, что начнет принимать заявки на допуск торгуемых на бирже биткойнов и эфирных криптовалютных нот (ETN) во втором квартале этого года. В заявлении LSE говорится, что она будет принимать заявки в соответствии с ранее опубликованным информационным бюллетенем.
Менее чем через неделю после того, как VanEck подал уведомление о том, что снизит комиссию, взимаемую за спотовый биткойн-ETF, в фонде инвестиционного менеджера произошел резкий всплеск объема торгов.
The first six months of 2022 have been remarkably awful for the crypto industry as a whole. Bitcoin and ethereum, two of the most valuable cryptocurrencies, have lost more than half of their value from their all-time peaks late last year.
The technical genius behind Apple, Steve Wozniak AKA The Woz, visited Yahoo! Finance to talk about everything under the sun. They titled the post “Steve Wozniak on accepting crypto pitches in ‘Unicorn Hunters’,” even though only the last few minutes were about that.
#Ripple_News_на_русском #Ripple_XRP_Новости_сегодня
Ripple в мастерстве продвижения в сфере финансовых технологий не имеет равных. Компания Ripple показывает действительно очень хорошие результаты в своей отрасли.
Coinspeaker CoinMarketCap Enters Strategic Partnership with Yahoo Finance on Data FeedAs CoinMarketCap and Yahoo Finance have become partners, Yahoo Finance will now feature crypto data and indices provided by CoinMarketCap.
There are always some odd developments in the cryptocurrency industry. Earlier today, a press release surfaced on Yahoo Finance. They claimed XRP was trading at over $9. 35 on the Investing. com Index.