SEC signals Ethereum is not a security
SEC signals Ethereum is not a security
Grayscale Launches XRP Trust, Aerodrome Finance Leads On Base With TVL
The SEC has announced a settlement with eToro who have agreed to pay $1.5 billion in fines for operating as an unregistered trading platform, the details of which suggest the SEC might have changed its stance on Ethereum's classification.
eToro will have to stop offering crypto except for Bitcoin, Ethereum, and Bitcoin Cash — these are to be supervised as commodities according to signals from the settlement.
Ethereum's classification has not been made clear by the SEC for a while, even though Solana, BUSD and others have been treated s securities by SEC attorneys.
After the collapse of Terraform Labs and FTX, the SEC started going after players big and small, including the major exchanges, DEXs, and NFT projects.
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