Coinspeaker
Will Ethereum Be Classified as Security? Crypto Analyst Offers Perspective on Raging Controversy
The cryptocurrency space has been in a debate concerning the approval of Ethereum as a security by the US Securities and Exchange Commission (SEC). This discussion has been ongoing for a considerable period, with various analysts and industry experts offering diverse perspectives on the matter’s outcome.
New York Attorney General Fuels the Debate
Recently, a crypto analyst and legal adviser Metalaw weighed in on the matter, making reference to the action taken by New York Attorney General (NYAG) Letitia James approximately a year ago. In this past move, Attorney General James made headlines by publicly asserting that Ethereum, one of the leading cryptocurrencies in the market, is a security.
Will @GaryGensler declare $ETH a security?
Maybe.
Don’t forget, NYAG Letitia James already did this a year ago and issued a press release trumpeting the move.
“This action is
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