Paul Atkins, chairman of the Bag and Securities Commission (SEC), confirmed that ethher (ETH), the cryptocurrency for the Ethereum Network, is not the case. safety (Title Value), adds regulatory clarity to the world’s second most valuable digital assets after Bitcoin (BTC).
The statement was issued during the CNBC American Channel’s Squawk Box program, shortly after the network’s 10th anniversary was celebrated.
“Like Bitcoin, the SEC is more informal than formal, and ether is more unofficial than formal,” Atkins said. safety«implies that both are seen as by living things merchandise (Basic product).
This was stated in his opinion that the Ethereum Network is an important component of many other digital currencies, and that he is adopting these assets, along with the idea that the market is adopting these assets.
However, it should be taken into consideration that no formal or conclusive confirmation of the SEC has been mentioned, and only informal positions are mentioned.
Comments are in the midst of sector pressure to gain legal clarity. Progress in legislative articles called laws for clarity of payment assets (clear acts)approved by the House of Representatives on July 17, 2025 and pending review in the Senate.
The regulations seek to establish a clear regulatory framework to determine whether digital assets are value under the Commodity Futures Trading Commission (CFTC) or base products.
The SEC head also highlighted the role of Stablecoins and the public network of cryptocurrencyto modernize the market as Ethereum: “Stubcoin allows payments to be made immediately… This reduces costs and risk,” he said.
As Cryptootics notifies, ETH has not been definitively classified so far merchandise o safetythis seems to be an important step to be achieved with clear proposals. To do that, Ecosystems abandon regulatory ambiguity It has stopped the sector for years.
If approved in the current text, Clarity provides Ether a clear path to legitimacy merchandise. However, regulators need to adjust whether tokens are decentralized enough to be classified as digital products.