SEC says Ether isn’t a security, but tokens based on Ether can be

11:59am PDT - June 14th, 2018    yahoo finance - TechCrunch

“In cases where there is no… central enterprise being invested in or where the digital asset is sold only to be used to purchase a good or service available through the network on which it was created,” that digital asset is “out of the purview of U.S. securi…