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Bloomberg

Crypto "staking" could lead to securitization by SEC

Bloomberg ยท
Bloomberg
Bloomberg

US Securities and Exchange Commission Chair Gary Gensler signaled that a feature of the Ethereum network's software could lead to tokens being considered securities by the SEC. While Gensler was careful to say he wasn't speaking about any digital coin specifically, his comments add to questions about the Wall Street regulator's views on Ether, which is the second-biggest virtual currency.