SEC claims ethereum could trigger securities laws after merge

Yahoo Finance published this video item, entitled “SEC claims ethereum could trigger securities laws after merge” – below is their description.

#SEC #ethereum #yahoofinance

Yahoo Finance’s David Hollerith joins the Live show to discuss ethereum’s merge, the SEC declaring it could have control over the blockchain, and crypto mining.

Yahoo Finance YouTube Channel

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A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the accuracy and security of a record of data and generates trust without the need for a trusted third party.

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Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Amongst cryptocurrencies, Ether is second only to Bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin.

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