The SEC hearing is scheduled for today, there looks to be no reason for Ethereum to be ruled as a security according to the current laws.
The government is poking and prodding at how to contain the uncontainable.
Brian Kelly gives 3 reasons to be bullish on crypto right now.
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another great crypto analysis ,,its so great news for SEC ,,its
so fentastic crypto update ,,,its present world is based on crypto,,
i agreed your video,
,i watched
i just watched your full video,,oh its Ethereum SEC ,its sure that
its fully great analysis,in the ppresent time ETH value is raising so greatly
,its so great review of crypto..
thanks for another great update
crypto will lead world in future
no doubt it has a fentastic future @investing
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Will Ethereum be dubbed a security by SEC? If so what will the implications be? Will it suffer a major hit in terms of its price and crash. Or will it crash but recover quickly as the long term fundamentals of Ethereum dont change. I suspect the latter is most likely to happen.
If Ethereum is indeed dubbed a security, so will most of the coins in the market. That may cause a crash in the overall cryptocurrency market and will cause a renewed bear market. But I suspect common sense will prevail and Ethereum will not be tagged as a security.Fingers crossed , now lets wait for what SEC has to say on this.
Hello, @investing, it is time for the cryptocurrency to be valued for what they are and will be, the first months were constantly mistreated, we hope that everything changes,, the market tends to change upwards.
Happy week :)
More specifically, the U.S. Senate Committee on Banking, Housing, and Urban Affairs will hear testimony from two of the most important regulators on the planet: Jay Clayton of the U.S. Securities and Exchange Commission (SEC) and J. Christopher Giancarlo from the Commodity Futures Trading Commission (CFTC).
Together, Clayton and Giancarlo oversee cryptocurrencies within the U.S.
Both have launched lawsuits against shady crypto organizations, while also stressing the need for continued innovation. It is a tightrope position—lean too much in either direction and catastrophe ensues.
As a result, Clayton and Giancarlo might tackle specific issues during their speeches.
We got an early look at their testimony this morning. One of the targeted issues is “FOMO”—otherwise known as the “fear of missing out”—and the opportunities it presents to con artists.