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RE: Good News, Ethereum Is Not a Security Nor Is Bitcoin. Markets React Positively
When someone says that they something is not a 'securities' is'nt that just a fancy way to say that it is backed by nothing?
Not necessarily. It deals more with legal definitions and regulations. This ruling will help developers and the crypto industry know where they stand as far as laws and guidelines. I take it as good news because it clarifies direction to head for Bitcoin. Ethereum and similar cryptos
I guess I did not think about it like that...thanks!