http://www.washingtonpost.com/blogs/the-switch/wp/2018/06/14/bitcoin-and-ether-shouldnt-be-regulated-like-stocks-and-bonds-a-top-sec-official-says/

Two of the world's biggest virtual currencies need not be regulated like stocks and bonds, a top official at the Securities and Exchange Commission said Thursday, putting to rest months of uncertainty about how the financial regulator views bitcoin and ether, the cryptocurrency behind Ethereum.

Speaking at an industry conference in San Francisco, William Hinman, the SEC's director of corporate finance, said the two top cryptocurrencies don't meet the criteria for regulation that the agency typically applies to traditional securities.