SEC - Ethereum not a security

Finally some good news moving the markets in the right direction.

https://www.bloomberg.com/news/articles/2018-06-14/ether-surges-after-top-sec-official-says-it-s-not-a-security

Another highlight in the article:

Cboe Global Markets Inc. President Chris Concannon said the SEC’s decision could increase the chances that regulators will sign off on Ether futures. Cboe and CME Group Inc. begin offering Bitcoin futures last year.

“We are pleased with the SEC’s decision to provide clarity with respect to current Ether transactions,” Concannon said in a statement. “This announcement clears a key stumbling block for Ether futures, the case for which we’ve been considering since we launched the first Bitcoin futures in December 2017.”

I’m not sure if that’s good news or bad news, Ether futures being on the horizon.

It was a good news but it seems that the impact of the news has faded away from the market now.