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Crypto wrap: SEC agrees to classify Ethereum 2.0 as commodity and Binance fined in India

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Carmen Cracknell

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More news form the crypto world.

Crypto advocacy firm Consensys announced on Wednesday that it had successfully pressed the SEC to classify Ethereum 2.0 as a commodity and not a security. The SEC was continuing to waver on its stance, despite approving ether ETFs in May.

The SEC has given an initial greenlight to several spot ether

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