• Ethereum and Bitcoin Prices Jump After SEC Official Says Ether Is Not a Security

    4 days ago - By Fortune

    A grey cloud hanging over the heads of cryptocurrency investors lifted Thursday after the Securities and Exchange Commission ruled that Ethereum is not a security.
    The price of Ethereum shot up 10% to $514 in response to the decision, revealed on Thursday in prepared remarks from SEC Director of Corporate Finance William Hinman at the Yahoo Finance All Market Summit: Crypto.
    “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...
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  • SEC Says Ether and Bitcoin Cryptocurrencies Aren't Securities

    4 days ago - By Wired

    Top officials from the SEC have publicly stated that the world's two most popular cryptocurrencies are *not* like stocks and bonds, a relief for people who own them.
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