Express

Grayscale CEO Michael Sonnenshein Defends ETH Against Security Classification

Katie Lin

Summary: Grayscale CEO Michael Sonnenshein stated in an X post that former U.S. Securities and Exchange Commission official Bill Hinman had previously stated in a speech that Ethereum was not a security. However, with the continuous advancement of this industry, it will now be necessary to defend ETH as a commodity once again. If the cryptocurrency ...

Grayscale CEO Michael Sonnenshein stated in an X post that former U.S. Securities and Exchange Commission official Bill Hinman had previously stated in a speech that Ethereum was not a security. However, with the continuous advancement of this industry, it will now be necessary to defend ETH as a commodity once again. If the cryptocurrency industry faces challenges, then everyone must stand up and speak out.

Author: Katie Lin

  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 1 days ago
  • The Value of Web3 Social, Explained 2 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 15 days ago
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 17 days ago
  • Parallelized EVMs: The Solana Killer? 21 days ago
  • You need to login to comment.