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May 08, 2018, 01:44:25 AM |
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@BTCwin1. Yes that is what they are delibirating about. The closed door discussion between the SEC and the people from the cryptospace did not come to any decision on how to categorize ETH.
I reckon the SEC fears that, if they say that it's an illegal security, but cannot stop Ethereum because it is decentralized, then it would show that the American government has no control over their financial system anymore.
It might take years before they can make a decision on how to categorize the cryptospace.
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