Ethereum(ETH) and Ripple(XRP) are ‘Noncompliant Securities,’: Fmr. CFTC Chairman

http://j.mp/2K7XzYq

The two most valuable altcoins are most likely “noncompliant securities” under US law, claims a former markets regulator. Gary Gensler, a former head of the Commodity Futures Trading Commission (CFTC), said that he believes Ether and XRP have been issued through unregistered securities offerings and are trading illegally on the hundreds of cryptocurrency exchanges that

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April 24, 2018 at 09:26AM