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Ethereum Crashing Hours After SEC Head Failed To Clarify ETH’s Security Status

Ethereum prices are free-falling less than 24 hours after Gary Gensler, the chairperson of the United States Securities and Exchange Commission (SEC), was put t

Ethereum prices are free-falling less than 24 hours after Gary Gensler, the chairperson of the United States Securities and Exchange Commission (SEC), was put to task on whether ETH, the native cryptocurrency of Ethereum, was a security or a commodity.

SEC Chair Fails To Clarify On ETH’s Status

That Gensler failed to clarify the status of ETH before the House Financial Services Committee on April 18 can be problematic. 

Gary Gensler getting grilled on whether he thinks ETH is a security or commodity

Enjoy pic.twitter.com/vrFVn3Ap63

— sassal.eth

by Dalmas Ngetich
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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