‘Best We Have’: Experts Call for Measured Reaction to New SEC Ethereum Comments12

Cryptocurrency industry sources continue to debate the impact of fresh statements from US regulators over whether the Ethereum network’s ether (ETH) token is a security.

After receiving a response to an enquiry from Jay Clayton, chairman of the US Securities and Exchange Commission (SEC), New York-based nonprofit Coin Center reignited a festering debate about cryptocurrency and securities obligations. Coin Center had asked Clayton for clarification in September 2018, three months after the SEC’s Director of Corporate Finance, William Hinman, issued comments suggesting he did not think ether was a security.

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