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Gensler Sticks to His Guns: Proof-of-Stake Tokens Could Be Securities – Ethereum in Trouble?

Securities and Exchange Commission Chair Gary Gensler has once again indicated that tokens using staking mechanisms could be considered securities under US law. During an open meeting of the SEC on Wednesday, Gensler rep...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Gensler Sticks to His Guns: Proof-of-Stake Tokens Could Be Securities – Ethereum in Trouble?
Securities and Exchange Commission Chair Gary Gensler has once again indicated that tokens using staking mechanisms could be considered securities under US law. 
During an open meeting of the SEC on Wednesday, Gensler reportedly said that Proof-of-Stake (PoS) tokens can be considered securities because investors anticipate a return when they purchase them. ...
Read More: Gensler Sticks to His Guns: Proof-of-Stake Tokens Could Be Securities – Ethereum in Trouble?

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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