The U.S. Securities and Exchange Commission (SEC) has filed lawsuits against crypto firms, claiming that most crypto tokens are securities and must be registered with the agency before being sold. Joseph Lubin, the co-founder of Ethereum, believes that clear heads will prevail in terms of regulations and that the U.S. will set the pace while the rest of the world will follow. Lubin disputes SEC Chair Gary Gensler’s belief that most cryptocurrencies will pass the investment contract test without evidence. He maintains that Ethereum is a commodity.

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