eToro’s Mati Greenspan: Bitcoin and Ether will likely be classed as assets under the law and that could trigger more volatility in the crypto markets

Are Bitcoin, Ethereum, Ripple and other cryptocurrencies considered securities? This hot-button question keeps coming at me on social media and from clients in the Email so I’d like to present my opinion here in this open forum.

There are a few concurrent stories right now that hinge on this. There is a rising speculation that the SEC could start calling some cryptos securities and if they do that, it creates some rather sticky legal issues for the founders and holders.

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