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Monday, 06/18/2018 2:12:03 PM

Monday, June 18, 2018 2:12:03 PM

Post# of 156698
SEC just concludes that ethereum will not be a securities. here is coat
"Ethereum's officially not a security — here's why it matters for other coin offerings"
Ethereum is officially not a security.
The long-awaited decision on the world's second-largest cryptocurrency could have far-reaching implications for cryptocurrencies and companies pursuing initial coin offerings, or ICO's.
"Putting aside the fundraising that accompanied the creation of Ether, 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," William Hinman, director of the Securities and Exchange Commission's division of corporate finance, said in a speech this week (emphasis ours).

LINKS BELOW

http://markets.businessinsider.com/currencies/news/ethereum-not-a-security-what-it-means-for-ico-coin-offerings-cryptocurrencies-blockchain-bitcoin-2018-6-1027123435