The post Ripple CTO Questions SEC’s Stance on Ethereum (ETH) Security Classification appeared first on Coinpedia Fintech News
After Slamming Charles Hoskinson over his defense of the SEC’s views on Ethereum (ETH) over other projects, Ripple’s Chief Technology Officer, David Schwartz, has raised an eye-opening question to the U.S. Securities and Exchange Commission (SEC) concerning the security classification of Ethereum (ETH), the second-largest cryptocurrency by market capitalization.
Schwartz’s query transpired from the recent fake news of the SEC-approved BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF). This news created a ripple effect in the market, leading to an instant surge in the prices of significant digital assets, including Bitcoin, which saw a spike of over 10% and halted at $29K. However, this initial rally was short-lived as it was revealed that the news was based on misinformation. This correction prompted a rapid retraction of crypto p
We współpracy z: https://coinpedia.org/news/ripple-cto-questions-secs-stance-on-ethereum-eth-security-classification/
