Federal regulators are preparing to pass judgment on Ethereum
cointelegraph.com · 947 words · saved by 1 readers
The Securities and Exchange Commission is moving to take action against Ethereum that reaches far beyond America’s borders.
Are regulators with the U.S. Securities and Exchange Commission gearing up to take down Ethereum? Given the saber-rattling by officials — including SEC Chairman Gary Gensler — it certainly seems possible. The agency went on a crypto-regulatory spree in September. First, at its annual The SEC Speaks conference, officials promised to continue bringing enforcement actions and urged market participants to come in and register their products and services. Gensler even suggested crypto intermediaries should break up into separate legal entities and register each of their functions — exchange,…
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