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Market Cap:
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Ethereum World News
2022-09-16 11:10:10

Ethereum’s Proof-of-Stake Transition Could Make It a Security, Says Gary Gensler

Ethereum’s Proof-of-Stake Transition Could Make It a Security, Says Gary Gensler

SEC Chair Gary Gensler said that Ethereum’s switch to Proof-of-Stake could trigger securities laws. Gensler believes that the staking model could make Ethereum pass a key part of the Howey test. Gensler is keen on regulating many crypto tokens under securities laws. United States Securities and Exchange Commission (SEC) Chair Gary Gensler said that Ethereum’s switch to Proof-of-Stake could trigger securities laws. Gensler told reporters on September 15, after a congressional hearing, that staking Ethereum might make it pass a […]

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