Assets on Ethereum can be considered as securities.

Assets on Ethereum can be considered as securities.

Cryptocurrency Ethereum can become interesting for regulators in the USA and considered as security. The information is given by Wall Street Journal.

As WSJ informs, at the moment federal financial regulators of the USA carry out a review of assets created on Ethereum protocol. Using the range of criteria they try to state if cryptocurrencies creators have significant impact on their prices, as it happens with trade stocks. The price of public stocks mostly depends on strategy of company issued them.

Nowadays CFTC (Commodities Futures Trading Commission, USA) considers bitcoin as exchange commodity. Officially it dispenses bitcoin from control of SEC - Securities and Exchange Commission. But in case with Ethereum the situation is not the same.  As WSJ writes, some regulators suppose that the cryptocurrency could be created in contravention of the law on securities. Besides, regulators study other factors relevant to ETN price formation. For example, how aggressively cryptocurrency is used in the work of DApps created in Ethereum blockchain.

https://www.wsj.com/articles/worlds-second-most-valuable-cryptocurrency-under-regulatory-scrutiny-1525167000


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