Odaily Star Daily News Ethereum co-founder Joseph Lubin believes that the US Securities and Exchange Commission (SEC) deliberately hinders innovation, which threatens the existing financial landscape in the United States. He said, "The SEC seems to have reclassified ETH as a security without telling anyone that this is indeed the case. They are taking a series of strategic enforcement actions instead of open discussions and clear rule-making. The SEC may not want to see an innovative wave that truly changes the landscape." (Cointelgraph)