SEC Chairman Affirms Stance that Ethereum (ETH) is Not a Security, Could XRP be Next?

The Securities and Exchange Commission’s (SEC) Chairman reaffirmed his agency’s previous stance that Ethereum (ETH) is not a security product, and as such it falls under different regulatory structure that is far more crypto-friendly. He also added that cryptocurrencies similar to Ethereum are also exempt from being classified as securities – although he didn’t name any specific cryptos.
Although this is certainly positive for Ethereum investors, it doesn’t come as