Grayscale CEO, Michael Sonnenshein, has stepped forward to defend Ethereum’s classification as a commodity in light of potential scrutiny from the Securities and Exchange Commission (SEC). Sonnenshein’s stance comes amidst ongoing debate within the cryptocurrency community regarding the regulatory status of Ethereum. Sonnenshein’s defense is rooted in the precedent set by former SEC Director Bill The post Grayscale CEO Defends Ethereum Against Potential SEC Security Label appeared first on CoinGape .