RE: May 7 - A Crucial day for cryptocurrencies

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May 7 - A Crucial day for cryptocurrencies

in cryptocurrency •  6 years ago 

Nice post.

Two questions:

  1. How do you know the decision is coming today?
  2. What are the implications for token holders if Ethereum is a security? Why would this cause the price to go down?
cryptocurrency
6 years ago by

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      ·  6 years ago 

    1. From news sources:
      https://coingeek.com/sec-cftc-to-decide-whether-ethereum-other-cryptocurrencies-are-securities/

    2. Ethereum will be held in violation of securities laws and raising money illegally without SEC approval

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