Скачать или смотреть Ethereum (ETH) SEC Security Ruling: Bitcoin & Ether Speech Breakdown Summary Review

Earlier today, the cryptocurrency community erupted with excitement when SEC Director of Corporate Finance William Hinman declared that his agency does not believe bitcoin and Ether are securities.

The remarks were made at the Yahoo Finance All Markets Summit: Crypto.

Now, we have the full text of the speech. The speech was recently posted in its entirety at SEC.gov. It provides greater insight into Hinman’s remarks – including what it means for the future of cryptocurrency and why this is huge news for the industry.

Hinman began his speech by talking about the future potential of blockchain and cryptocurrency technology. Hinman sees these technologies revolutionizing a number of different industries:

“Before I turn to the securities law analysis, let me share what I believe may be most exciting about distributed ledger technology – that is, the potential to share information, transfer value, and record transactions in a decentralized digital environment. Potential applications include supply chain management, intellectual property rights licensing, stock ownership transfers and countless others. There is real value in creating applications that can be accessed and executed electronically with a public, immutable record and without the need for a trusted third party to verify transactions.”

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