The US SEC's re-examination of whether Ethereum belongs to the securities category has caused controversy. ConsenSys has put forward four reasons to support Ethereum's non-securities status:
1. Historical position: A former SEC director stated in 2018 that Ethereum is not a security, providing a solid foundation for its non-securities status.
2. CFTC's classification: The Commodity Futures Trading Commission (CFTC) has long regarded Ethereum as a commodity, which is consistent with the SEC's position.
3. Decentralization and openness: Ethereum's decentralized architecture makes it different from securities, and all information is publicly accessible, without the characteristic of insider information asymmetry.
4. Irrelevance of consensus mechanism transition: The recent transition of Ethereum's consensus mechanism from PoW to PoS does not affect its core essence and should not be a reason for reclassification.
These factors collectively support Ethereum's non-securities status in the regulatory community. The industry and community continue to pay attention to Ethereum's positioning in response to the SEC's re-examination.
All Comments