The Securities and Exchange Commission potentially could deliver some fairly dire news to Ethereum (ETH -2.37%) investors. The agency is sending intensifying signals that it considers it to be a security rather than a cryptocurrency. Most recently, SEC Chairman Gary Gensler suggested that Ethereum’s recent transition to a proof-of-stake blockchain is further proof that the second-largest cryptocurrency in the world is a security and should be regulated as such.
Obviously, any change in…
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