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Ethereum spikes after the SEC declares it’s not a security





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  • Ethereum was trading up over 7% after an official for the US Securities and Exchange Commission said the agency does not view the crypto as a security.
  • Such a designation would put the token under the agency’s authority.
  • Watch Ethereum trade in real time here.

Ethereum spiked Thursday after an official from the US Securities and Exchange Commission said the agency does not view the crypto as a security.

Speaking at Yahoo Finance’s All Market Summit, William Hinman, the SEC’s director of corporate finance, said the agency does not view bitcoin and ethereum as securities. Such a read more >>>

Source:: BusinessInsider.Com

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