MicroStrategy executive chairman Michael Saylor has made a bold statement against Ethereum stating that the world’s largest altcoin is a crypto asset security and not a commodity. His comments regarding ETH came on Thursday, May 2, while speaking at the MicroStrategy World 2024 conference.
Michael Saylor Attacks ETH
In addition to attacking Ethereum and calling it a security, Michael Saylor added that there’s a very high likelihood that the U.S. Securities and Exchange Commission (SEC) would never approve a spot Ethereum ETF. His comments come just 20 days ahead of the final deadline of May 23, for the SEC to either approve/deny the spot Ethereum ETf applications.
He went on to forecast that other cryptocurrencies further down the hierarchy would also be classified as unregistered securities, including BNB, Solana (SOL), XRP, and Cardano (ADA).
Saylor emphasized:
“None of them will be included in a spot ETF, none of them will ever gain acceptance on Wall Street…”
#Bitcoin –
We współpracy z: https://coingape.com/michael-saylor-attacks-ethereum-calling-it-a-security-disapproves-spot-etf/
