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The SEC's stance on Ethereum (ETH) as a security has been a topic of discussion, with various officials stating that ETH is not considered a security due to its decentralization. Former SEC Director William Hinman and current SEC Chair Gary Gensler have both emphasized the decentralization of ETH as a key factor in not regulating it as a security.
“Probably 3/4 of this space has already been determined by the @SECGov not to be a security… ether is ~15%” ~ @GaryGensler https://t.co/mMvfC4RmMz
Gary Gensler on Ethereum: “In 2018, The Securities and Exchance commission said regardless of what it might have been in 2014, it’s now sufficiently decentralized that [we] will not consider it a security” https://t.co/UU1IiL3Z8I
Gary Gensler on Ethereum: “In 2018 The Securities and Exchance commission said regardless of what it might have been in 2014, it’s now sufficiently decentralized that [we] will not consider it a security” https://t.co/9FL1tl85O6