48 US Lawmakers Ask SEC Chairman Gensler to Clarify Whether ETH Is a Security — Warns of ‘Negative Impact’

Forty-eight U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler asking him to clarify whether Ethereum is a security. “The negative impact of the SEC implicitly or directly classifying ETH as a digital asset security will spread across digital asset markets in the short and long term(…)