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U.S. SEC official says ether not a security, price surges

7 days ago   |   By Reuters

NEW YORK - The price of ether rose on Thursday after a senior official at the U.S. Securities and Exchange Commission stated that the cryptocurrency was not a security, thus exempting certain transactions in the token from federal securities laws.
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SEC Says Ether and Bitcoin Cryptocurrencies Aren't Securities

7 days ago   |   By Wired

Top officials from the SEC have publicly stated that the world's two most popular cryptocurrencies are *not* like stocks and bonds, a relief for people who own them.
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The SEC says Ethereum tokens are not securities

The SEC says Ethereum tokens are not securities

7 days ago   |   By The Verge

The SEC has declared that Ethereum and its digital coin ether, are not securities today, during the Yahoo Finance summit. The announcement led the price of ether to rise by over 8 percent , hitting a high of $520 per token.
William Hinman, director of the division of corporation finance at the SEC, explained at the summit: “Based on my understanding of the present state of ether, the Ethereum network and its decentralized structure, current offers and sales of ether are not securities transactions.”
Hinman also hints that other cryptocurrencies, or altcoins, might one day no longer need...
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SEC says Ether isn't a security, but tokens based on Ether can be

7 days ago   |   By TechCrunch

“In cases where there is no... central enterprise being invested in or where the digital asset is sold only to be used to purchase a good or service available through the network on which it was created,” that digital asset is “out of the purview of U.S. securities laws”, according to William Hinman , the director of the division of corporation finance at the U.S. Securities and Exchange Commission.
This statement from Hinman at the Yahoo Finance All Markets Summit: Crypto will likely be seen as the starting gun on a crypto free-for-all in the United States.
Hinman's comments were...
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