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SEC Docs Expose NY AG’s Push to Label ETH a Security—Crypto Braces for Fallout
SEC Docs Expose NY AG’s Push to Label ETH a Security—Crypto Braces for Fallout
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Coinbase’s latest SEC filings reveal a bombshell: New York’s top prosecutor wanted Ethereum classified as a security. The move—buried in legal paperwork—could’ve reshaped crypto’s regulatory landscape overnight.
Wall Street’s usual playbook: if you can’t compete, regulate. Now the question is whether this was a one-off demand or the opening salvo in a broader campaign against altcoins.
Market watchers are eyeing the SEC’s next move—because nothing says ’financial innovation’ like a good old-fashioned jurisdictional turf war.
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