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Title: Bitcoin & Ethereum are not Securities Until When? Post by: jjeeppeerrxx on September 22, 2018, 11:14:33 AM Cryptocurrency is a form of digital money that is designed to be secure and, in many cases, anonymous.
Quoted from the US SEC Chairman "Not being securities means transactions in Bitcoin and Ethereum aren't subject to SEC rules." The question: Is there any chances or possibilities that Bitcoin, Ethereum and other alternatives coins become a securities and be regulated by the Securities and Exchange Commission? Title: Re: Bitcoin & Ethereum are not Securities Until When? Post by: tuthienloc92bk on September 22, 2018, 12:00:25 PM The question: Is there any chances or possibilities that Bitcoin, Ethereum and other alternatives coins become a securities and be regulated by the Securities and Exchange Commission? Yes, I think it's possible IF there are the cryptocurrency world's rules which be accepted by all nations Title: Re: Bitcoin & Ethereum are not Securities Until When? Post by: BitcoinHodler on September 22, 2018, 12:03:40 PM it is hard to tell in my experience. sometimes the rules that the governments set are not what you expect them to be. so far bitcoin is a commodity in US and the rest of them like ethereum are not even considered valid.
and i don't believe that the government is ever going to consider centralized coins with a premine and an ICO as a security so even if they were to see bitcoin as a security they would never do it for ethereum. Title: Re: Bitcoin & Ethereum are not Securities Until When? Post by: Mt. Dempo on September 22, 2018, 12:09:28 PM I am confused whether crypto must submit to the SEC?
What is the impact if crypto does not become a security and does not submit to the SEC? Over the past few years crypto has been running well without intervention from the SEC, but after the crypto reached its peak and was more popular, many countries and regulators seemed to dislike crypto's presence. |