It’s A 'Forgone Conclusion' That Ethereum Is A Commodity, Says Joe Lubin



Despite the SEC's legal actions against various cryptocurrencies, Ethereum co-founder Joseph Lubin remains confident that Ether is not a security. He refers to a 2018 speech by former SEC commissioner Bill Hinman as the regulatory verdict on Ethereum. While the CFTC considers Ether a commodity, SEC Chairman Gary Gensler has not publicly stated his position on Ether. Members of Congress are working on legislation to clarify the classification of cryptocurrencies.
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