CFTC chairman says Ethereum 2.0 could make ETH a security

CFTC chairman says Ethereum 2.0 could make ETH a security – Coinnounce

The chairman of the US Commodity Futures Trading Commission (CFTC), Heath Tarbert, stated that tokens that use proof of stake consensus methods could be treated as securities by the US regulators. The chairman had previously confirmed that with the current consensus mechanism of Ethereum, ETH is a commodity and not a security.