Ethereum Regulatory Saga: Court Filings Expose SEC Chair Gensler’s Stand

Newly disclosed court filings have shed light on the belief of the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, that Ethereum (ETH) is an “unregistered security” under the Howey Test, which is considered by the vast majority of crypto advocates to be an outdated legal framework for regulating crypto assets.   According […] source: https://bitcoinist.com/sec-chair-genslers-stance-on-ethereum/