Regulators Give Ether a Much-Needed Bump

admin · 2018-06-15T20:52:23+0000

Hey crypto investors: it might be safe to bring back Coinbase from the sixth page of your iPhone. The SEC's top crypto guru, William Hinman, declared that ether was not a security...which means it won't be regulated as one (the same goes for Bitcoin, which is considered a commodity). What's ether? It's the digital token that powers the Ethereum blockchain platform. And it got a major boost following the announcement. What he didn't disclose: The regulatory status of Ripple's XRP token. It's the third ranked cryptocurrency by market cap ($22 billion). What was at stake for ether.

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By admin
June 15, 2018 in Topics

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Regulators Give Ether a Much-Needed Bump

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