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By specifically naming ether, Hinman also left the door open is a digital or virtual classified as securities.
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By specifically naming ether, Hinman also left the door open is a digital or virtual classified as securities.
While much of the U. Share your crypto thoughts. Ethereum co-founder Joseph Lubin pushed back on the claim ether is a security Thursday, saying he was "very confident" it wasn't one. Some regulators believe that model means it fulfils the Howey Test, which states that an investment contract exists if there is an investment of money in a common enterprise and the expectation of profits derived from the efforts of others.
