Quote from: ivomm on Today at 02:07:58 PM

Gary Gensler: “In my opinion, Ethereum passed the Howey Test and that means that it would be considered a security.”
https://twitter.com/BTCGandalf/status/1466159935843094531

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If SEC declares ETH as a security, US exchanges (Coinbase, Kraken and others) will have to delist it, since it is not a registered security which must be traded on regulated exchanges. And the switch to POS will only worsen SEC's attitude.

Of course, but ETH does not stand on it's own here. Almost every ICO passes the Howey Test if you follow the logic of Gensler in that video.

I do not disagree, but I don't think ETH realistic to think that regulators will make a move on the foundation or ETH exchange listings, whatever happens, the rules are updated after it happened.