REST EASY, CRYPTOCURRENCY FANS: ETHER AND BITCOIN AREN’T SECURITIES

June 14, 2018
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THE WORLD’S SECOND-MOST popular cryptocurrency isn’t an investment vehicle, at least according to the Securities and Exchange Commission. William Hinman, the agency’s director of the division of corporate finance, said Thursday that ether—the currency that powers the Ethereum network—shouldn’t be regulated in the same way as stocks and bonds.

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