Swiss crypto bank Amina: Listing Ethereum as a security could lead to many cryptocurrency teams exiting the space
2024-05-13 06:57:55
Swiss crypto bank Amina said in its latest Cryptocurrency Market Monitor report that listing Ethereum as a security would not only pose risks to the entire cryptocurrency market, but could also lead to the withdrawal of many cryptocurrency teams from the space, a designation that could hamper the development of the cryptocurrency market and potentially reverse years of progress. Additionally, the U.S. SEC is likely to delay a decision on the status of Ethereum in order to put the cryptocurrency asset in a "gray area."
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