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Ethereum's potential security status comes into question following SEC's settlement with eToro
Ethereum (ETH) is up 0.5% on Thursday following speculation that the Securities & Exchange Commission (SEC) confirmed that the top altcoin is not a security. Meanwhile, ETH is experiencing high exchange inflows, indicating rising selling pressure among investors. Crypto community members are speculating that the SEC conceded that Ethereum isn't a security following its settlement with crypto exchange eToro. The exchange removed tokens the SEC deemed as "investment contracts" from its platform, allowing users to trade only Bitcoin, Bitcoin Cash and Ethereum. Considering the SEC didn't include Ethereum among the list ... (full story)
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- Posted: Sep 12, 2024 8:22pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 114
