ALTCOINS, CRYPTOCURRENCIES, ETHEREUM (ETH), NEWS, REGULATION, STORY OF THE DAY Ether Price Stands Still Amid No SEC Hearing on Ethereum Took Place Yesterday

May 10, 2018

After showing a rapid surge last week, the price of Ethereum continues growing, while the future status of the cryptocurrency is still uncertain.


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Ethereum is in the spotlight again, as everybody has been waiting for the final decision of the US regulators on whether to treat the cryptocurrency as a security. A few days ago, it was reported by WSJ that the SEC and CFTC officials are going to hold a meeting on May 7 to discuss the future regulation of Ethereum and Ripple.

However, there haven’t been any official announcements yet and it is unkown whether the meeting was held. Some internet users even considered the WSJ report to be misinformation, calling it fake news. It seems that no final decision on the cryptocurrency future will be made, and, according to Paul Vigna, the author of the article, it was just a regular working group discussion.

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