Today, Monday, May 27
[Consensys Senior Legal Counsel: US SEC may classify ETH under the Investor Protection Act] On May 27, Bill Hughes, senior legal counsel and director of global regulatory affairs at Consensys, said in an interview that the US Securities and Exchange Commission (SEC) is likely to classify ETH under the Investor Protection Act. In October 2023, the SEC allowed Ethereum-based futures ETFs to be traded on securities trading platforms. This means that the assets based on the futures contracts are not securities. Something has happened between then and now, which seems to have caused the SEC to change its position.