SEC chair says Ethereum not a security and praises its pivotal role in digital currencies

Securities and Exchange Commission (SEC) Chairman Paul Atkins told CNBC’s “Squawk Box” on July 21 that the agency has “stated informally more than formally” that Ethereum (ETH) is not a security, b...

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SEC chair says Ethereum not a security and praises its pivotal role in digital currencies

Source: CryptoSlate

Securities and Exchange Commission (SEC) Chairman Paul Atkins told CNBC’s “Squawk Box” on July 21 that the agency has “stated informally more than formally” that Ethereum (ETH) is not a security, but deciding whether to hold the token in treasury reserves “is up to companies to decide.” Atkins added that Ethereum is “a very key […]