5min chapter

Coin Stories with Natalie Brunell cover image

News Block: SEC Has Considered ETH a Security Since 2023, Biden to Veto Pro-Bitcoin Bill, Druckenmiller Gives Bidenomics an 'F', Bitcoin Mining Cuts Methane

Coin Stories with Natalie Brunell

CHAPTER

Introduction

Exploring the SEC's classification of Ethereum as a security in 2023, sparking legal disputes and regulatory ambiguity in the cryptocurrency market. The chapter discusses the potential impact on Ethereum's usability, compares its regulatory status with Bitcoin, and touches on the Biden administration's stance on legislation affecting banks' custody of Bitcoin.

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