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SEC finally catching on to Ethereum centralization, according to new enforcement action

SEC finally catching on to Ethereum centralization, according to new enforcement action

The U.S. Securities and Exchange Commission (SEC) appears to be warming up to the notion that Ethereum is a highly centralized network, according to a lawsuit filed against crypto promoter Ian Balina. The change in tone is likely to have serious implications for the SEC’s attitude toward whether digital asset networks like BTC and ETH constitute securities offerings.








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