Coinbase Said New York Attorney General Asked SEC to Declare Ethereum a Security

From financemagnates.com

Coinbase released internal U.S. Securities and Exchange Commission communications showing that New York's top law enforcement office urged the agency to classify Ethereum’s ether (ETH) as a security during its legal pursuit of crypto exchange KuCoin in 2023. The request, reportedly made by the New York Attorney General's office, adds another layer to the ongoing debate over digital asset classifications and the federal agencies responsible for them. According to Coindesk, the communication came from Shamiso Maswoswe, head of the New York Attorney General’s Investor Protection Bureau, who explicitly asked the SEC ... (full story)