Swiss Crypto Bank Amina: Listing Ethereum as a Security Could Cause Many Crypto Teams to Exit the Space
Swiss encrypted bank Amina stated in the latest "cryptocurrency market Monitoring" report that classifying Ethereum as a security could not only bring risks to the entire cryptocurrency market, but also lead to many cryptocurrency teams exiting the field. This determination could hinder the development of the cryptocurrency market and potentially reverse progress made over the years. In addition, the US SEC is likely to delay its decision on the status of Ethereum, putting the cryptocurrency asset in a "gray area".
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