JPMorgan: Ethereum could be put into ‘other category’ by US Congress

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• "boost the Ethereum case to avoid being designated as security but it does not necessarily have direct implications for Ripple,

• This 'other category' that would involve more restrictions and investor protections than currently envisaged for commodities but less onerous than those required for securities."

• "The speech acknowledges that there is an 'other' category

• "It's not a security because there's no 'controlling group' (at least in the Howey sense) yet, there may be a need for regulation to protect purchasers."

• Overall, the release of the documents will benefit Ethereum

• "If Ripple wins the fair notice argument, however, that would have implications for current and future SEC enforcements