SEC chair says PoS crypto may be securities hours after Ethereum Merge
SEC chair Gary Gensler said Proof-of-Stake blockchains fall under securities just hours after Ethereum's Merge.
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SEC chair Gary Gensler said Proof-of-Stake blockchains fall under securities just hours after Ethereum's Merge.
Read more (2 min) →Ethereum transitioned from Proof-of-Work to Proof-of-Stake on Thursday. The Merge went smoothly, although not entirely without a hiccup.
The quiet secret about Ethereum's Proof-of-Stake Merge is that wealthy insiders are enriching themselves at your expense.