SEC Releases Hinman Speech, "ETH Isn't Securities".

The U.S. Securities and Exchange Commission (SEC) released a speech by former SEC Corporate Finance Director William Hinman at the Yahoo Markets Summit in 2018. In the speech, Hinman said, "Based on the understanding of the Ethereum network and its decentralized structure, current Ethereum-related transactions are not securities transactions." Former SEC Corporate Finance Director Hinman is considered a key figure in the lawsuit between the SEC and Ripple over the sale of unregistered securities. Based on Hinman's speech, Ripple is developing a defense logic that 'XRP cannot be a security just as ETH is not a security'. However, the first footnote to the speech states.

#ETH #Ethereum #SEC #crypto #securities

news 📰:

The #SEC had accused #Coinbase of operating illegally ⛔because it failed to register as an exchange. It also alleged that Coinbase traded at least 13 crypto #assets that are #securities that should have been registered, including tokens🪙 such as #Solana , Cardano and Polygon

#Zcash #ZEC $ZEC #securities
Hey, guys.
Have you seen what is going on with anonymous cryptocurrencies such as XMR, DASH, ZEN, ZEC?
Let's take a closer look at ZEC as it is the most interesting one right now.
Due to the banning of anonymous cryptocurrencies in a number of jurisdictions, confidential crypto has been delisted from a number of exchanges.
XMR and ZEC was removed from the OKX exchange, and later XMR was also removed from Binance, but ZEC is still listed and trading, for how long is unknown.
If you look at the ratio of the broad altcoin market TOTAL3 to ZEC you can see that the instrument has rolled to the bottom, forming a platform that looks like a trend leveling and now there is a rebound, and since June, when most altcoins have folded by 50-70% Zcash has remained at the same levels or even increased.
On the chart of the instrument is also a breakdown of the downtrend, but for confirmation I am waiting for a breakdown of the $ 35 zone with the potential of a return, at least to the zone 0.382 looks very good. On the volume terminal there are also large volumes on the asc delta. The last flash crash was very quickly bought back and returned to the $30-32 zone. Cancellation of all this scenario will be the departure of the price below 25$.
Risks to consider.
1. higher volatility compared to bitcoin.
2. Risk of delisting, the transaction in question is not buy and hodl, but buy to earn/lose and exit.
Stay tuned.

🚨 Why The #SEC Calling Cryptos Securities Is A Major Issue

1️⃣ Disclosures & Unknown Identities

The SEC's move to classify cryptos as #securities demands detailed disclosures.

But here's the catch: the original buyers of many coins/tokens, especially from ICOs, are often a mystery. Worst case?

Some of these #holders could be sanctioned entities or states!

2️⃣ Concentration of Holdings Exposed

If forced to disclose, we'd likely see the extreme concentration in ownership of some cryptos.

3️⃣ Why It Matters to #CryptoHolders

This isn't just regulatory jargon. Knowing who owns what and how much is crucial in the crypto world.

It's key to understanding tokenomics, something we focus on in our #crypto reviews. The average crypto holder should know this info.

⚡️SECURITY TOKENS Vs D-NFTS⚡️

✅ This is what I want to start looking at....

✅ Real-estate transactions where not only static data such as registered property, cadastral reference...

✅ Also dynamic data such as monthly cost of electricity, water, energy improvements, works and #reforms carried out

✅sale prices are also incorporated and registered.

VICOX The Pool Marbella MetaWealth™ DOM3 Amr Adawi

#nfts  #TrendingTopic  #BTC  #securities
$BTC $ETH
Vicente Ortiz
Vicox Lawyer