Bitcoin and ether are not securities, Belgian financial regulator says

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⬆ +13 Bitcoin and ether are not securities, Belgian financial regulator says $BTC bitcoin $ETH ethereum XBT

 

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Bitcoin, Ether Needn't Follow Financial Rules, Belgian Regulator SaysCryptocurrencies that don't have an issuer – like bitcoin and ether – are not financial instruments or securities, Belgium's FSMA_Info says. By jackschickler FSMA_info jackschickler Toss KaspaCurrency KAS in that basket too FSMA_info jackschickler What? ETH has an issuer. It was 70% pre-mined and pretty much fully owned/ruled by a few insiders, plus it lives on Infura/Consensys. Can't get much more 'Security' than that. FSMA_info jackschickler So, does that make bitcoin and eth a currency? That would be something. Like, a big step forward.
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