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Author Topic: [NEWS] Ethereum 2.0 tokens could be securities, warns CFTC chairman  (Read 88 times)
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November 15, 2019, 01:46:12 AM
Merited by asriloni (1)
 #1

I predict that either Ethereum 2.0 will become similar to the bitcoin ETF applications, always delayed or Vitalik and his team will do what Dan Larimer and EOS did, pay the settlement fee to the SEC hehehe.



Heath Tarbert, chairman of the U.S. Commodity Futures Trading Commission, sounded out a warning yesterday over the potential for staked tokens (i.e. the coins that support proof-of-stake blockchain networks) to be classified as securities.

And while the CFTC head has previously said that Ethereum, in its current state, is likely not a security and should be classified as a commodity, things are less clear for the next iteration of Ethereum.


Read in full https://decrypt.co/11432/ethereum-2-0-tokens-could-be-securities-warns-cftc-chairman

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November 15, 2019, 03:19:22 AM
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In holding securities we will get the possibility to get the dividend, in staking POS coin we will get also the possibility to get crypto dividends. It sounds very similar. That guy has made the right point about that. This is big gambling by ethereum.
Im feeling curious why ethereum is not introducing its total supply rather than move it to the POS. Add more utility usage will be much better. ethereum will get the same rating as tezos in cryptorating council's site
https://www.cryptoratingcouncil.com/asset-ratings


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