Is ETH a security?
|Slavomír Kaňuk|source|6145x
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Is ETH a security?




Chairman of U.S. Securities and Exchanges Commission (SEC), Jay Clayton, stated that Ether (ETH) is not a security under U.S. law. He also added that Ether-like cryptocurrency would not be considered a security.

This ended the period of uncertainty about how similar platforms to Ethereum would be classified in the US jurisdiction for tax and accounting purposes.


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