The U.S. Securities and Exchange Commission (SEC) is ending its investigation into whether Ether should be classified as a security. On June 19, 2024, Ether developer ConsenSys shared on social media that the commission’s Enforcement Division has closed its probe into Ether 2.0.
This decision implies that the commission will not pursue any legal actions that would categorize Ether transactions as securities deals. ConsenSys celebrated this development as a significant victory for the Ethereum community, including technology providers, developers and other…
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