December 9, 2024

[ad_1]

While Armstrong’s suspicions may come as a surprise to many in the industry, SEC Chairman Gary Gensler has previously stated that cryptocurrencies that allow staking could be classified as securities under the Howey test – even though ether has been designated as a commodity by the SEC’s sister regulator, the Commodity Futures Trading Commission (CFTC).

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *