🚨 SEC Chairman Clayton confirms Commission staff analysis that found Ethereum is not a security
In a letter to U.S. Rep Ted Budd (NC-R), SEC Chariman Clayton confirmed prior staff analysis that Ethereum ($ETH) and similar tokens are not securities. Clayton states that the Howey test framework is not static and recognizes how digital tokens first defined as investment contracts, and therefore securities, can change overtime by how they are managed and exchanged.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Mentioned Assets