ConsenSys, the developer of Ethereum, announced that the SEC has notified them of the termination of the investigation into Ethereum 2.0. The regulator will no longer claim that the sale of ETH constitutes a securities transaction. ๐ฅณ
๐ This decision followed a letter sent by #Consensys on June 7, in which they requested the SEC to confirm that the May approvals of the #ETH๐ฅ๐ฅ๐ฅ๐ฅ ETF, which were based on $ETH being classified as a commodity, would lead to the closure of the investigation into Ethereum 2.0. ๐
๐ฅ The developers also stated that the struggle is ongoing, as they are now seeking a declaration from the SEC that the offering of the #Metamask Swaps and Staking user interface software does not violate securities laws also.
