SEC Announces that Ether and BitCoin are Not Securities

The crypto community has long awaited a statement by the SEC on whether BitCoin and Ether constitue securities.  On June 14, 2018, at Yahoo Finance’s Crypto Summit in San Francisco, William Hinman, the SEC’s Director of Corporate Finance, announced that the SEC will not classify Ether and BitCoin as securities. Hinman indicated that Ether and BitCoin fail the … Read more