SEC Chair Gensler Again Says Bitcoin Is Not a Security. What About Ethereum?

1年前
标签:比特币0661
文章来源: Decrypt

Securities and Exchange Commission Chairman Gary Gensler today reaffirmed the SEC's view that Bitcoin is a commodity but refrained from extending the label to any other cryptocurrencies in an interview with CNBC.


Gensler singled out Bitcoin as an example of a crypto asset that should be regulated under the Commodity Futures Trading Commission (CFTC), as he's done previously, but would not comment on other coins or tokens.


"Some, like Bitcoin, and that's the only one, Jim, I'm going to say because I'm not going to talk about any one of these tokens, my predecessors and others have said, they’re a commodity," Gensler said in response to a question from CNBC’s Jim Cramer.


Gensler added, however, that many other “crypto financial assets have the key attributes of a security,” noting that the main similarity between the two is the idea that “the investing public is hoping for a return.”


The regulatory framework surrounding cryptocurrencies and digital assets has centered on the interpretation of which ones function as securities, like stocks, and which ones operate as commodities, like gold. The previous SEC administration believed that both Bitcoin and Ethereum were commodities, but Gensler only mentioned Bitcoin in his latest comments and has previously avoided answering questions about Ethereum specifically.


Prior to Gensler taking the helm at the SEC, the Commission’s leadership had publicly adopted the position that both Bitcoin and Ethereum are not securities—the latter of which with some controversy, considering that Ethereum launched in 2014 through an ICO that would by today’s standards be considered an illegal securities offering.



In 2018, William Hinman, the SEC’s director for the Division of Corporation Finance, said he believed both Ethereum and Bitcoin should be classified as commodities because each cryptocurrency was “sufficiently decentralized” and did not have a central party “whose efforts are a key determining factor in the enterprise.”


Nevertheless, the question of whether Ethereum should today be considered a security continues to be raised. The matter has become a sticking point in the SEC’s ongoing $1.3 billion lawsuit against Ripple over the company's sale of XRP, which the SEC contends is an unregistered security. This might help explain Gensler’s reluctance to comment on Ethereum or any other crypto asset besides Bitcoin.



On the issue of regulating digital assets in the U.S., Gensler today said it’s primarily a dual effort between the CFTC and the SEC but that there’s also overlap with banking regulators in terms of addressing stablecoins. He went on to say that many tokens are “potentially noncompliant” and that “there’s a lot of work to be done to really protect the investing public.”


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

评论

暂时没有评论,赶紧抢沙发吧!