A computer screen displays a cryptocurrency mining web page at the home of Dmitry Gutov, a Russian cryptocurrency 'miner,' in Krasnogorsk, Russia, on Thursday, Sept. 7, 2017. Gutov, who works in a Moscow-based staff-outsourcing firm by day, is among a growing number of Russians who have embraced mining as the price of cryptocurrencies such as bitcoin and ether has soared. Photographer: Andrey Rudakov/Bloomberg

Crypto coins surge after US regulator says they aren’t subject to securities rules

Crypto enthusiasts have long worried that the SEC would crack down on Ether, which was originally offered in 2014 by the Ethereum Foundation, a Swiss nonprofit.

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A computer screen displays a cryptocurrency mining web page at the home of Dmitry Gutov, a Russian cryptocurrency 'miner,' in Krasnogorsk, Russia, on Thursday, Sept. 7, 2017. Gutov, who works in a Moscow-based staff-outsourcing firm by day, is among a growing number of Russians who have embraced mining as the price of cryptocurrencies such as bitcoin and ether has soared. Photographer: Andrey Rudakov/Bloomberg
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