Former CFTC Chair: Ethereum and Ripple Are Non-Compliant Securities

Ethereum’s Ether and Ripple’s XRP should be categorized as non-compliant securities, according to the former head of the Commodity Futures Trading Commission (CFTC), Gary Gensler. Bitcoin is exempt from this categorization, Gensler added in an interview with The New York Times. ETH And XRP Trading Illegally The man who was in charge of the CFTC from 2009 to 2014 weighed in on one of the most controversial topics in the crypto industry in recent times, a possible foreshadow of the looming SEC decision on how to categorize cryptocurrencies. Ethereum and Ripple are the two most valuable altcoins in today’s market, with