Ethereum Classification Confirmed: SEC Chairman Deflects XRP Comment

Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark Uyeda reaffirmed that Bitcoin and Ethereum are not classified as securities, aligning with the stance of former Chair Gary Gensler. During a CNBC interview, Uyeda clarified that trading these digital currencies would not involve insider trading due to their non-security status. However, he declined to comment on XRP’s legal classification, leaving its regulatory status ambiguous despite recent developments in the Ripple Labs case.