SEC concludes Ethereum investigation, not classifying ETH sales as securities transactions.
The US Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum, deciding not to classify ETH sales as securities transactions, according to Ethereum developer Consensys. The SEC's decision comes after Consensys sent a letter to the agency on June 7 asking if it would end its investigation into Ether. Consensys hailed the SEC's decision as a "major win for Ethereum developers, technology providers, and industry participants."
June 19, 2024
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