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‘Is ETH a Security?’ Why Gary Gensler Couldn’t Give Congress a Straight Answer - Ep. 483
Unchained
Cryptocurrencies and the SEC's Ambiguity
SEC Chair Gensler has implied in the past that all cryptos aside from Bitcoin are securities. "It just comes off as nonsense to everyone else who's listening to that," says COO John Defterios. A digital asset is software, and you can sell it as part of an investment contract,. That much is clear. ETH is something that you can use for all sorts of things, whether it be technological building or payments.
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