Re:SEC asked Coinbase to halt trading for everything except ...
by misnome on Monday July 31, 2023 @03:24AM
(#36939680)
Ah, once again, the "No Backsies of informal statements" law.
Note that all of these are a long time ago, and even if their offhand opinions were legally binding the "strongest" of these articles
> had stated in a speech that ETH “in its present state” — as opposed to during its distribution via initial coin offering (ICO) — won’t be regulated as a security.
> Chairman Clayton noted that he agrees that a digital asset’s definition as a security is “not static” and thus can change over time.
Things have obviously changed. Also, the way Ethereum works has changed.
Note that all of these are a long time ago, and even if their offhand opinions were legally binding the "strongest" of these articles
> had stated in a speech that ETH “in its present state” — as opposed to during its distribution via initial coin offering (ICO) — won’t be regulated as a security.
> Chairman Clayton noted that he agrees that a digital asset’s definition as a security is “not static” and thus can change over time.
Things have obviously changed. Also, the way Ethereum works has changed.