Odaily Planet Daily News Fox Business reporter Eleanor Terrett wrote on the X platform that some Republican members of the Financial Services Committee, led by U.S. Congressman John Rose, wrote to Gary Gensler, Chairman of the U.S. Securities and Exchange Commission, and Robert Cook, General and CEO of the U.S. Financial Industry Regulatory Authority (FINRA), expressing their concerns about their continued silence on the Ethereum custody service launched by Prometheum Inc in May this year, in which the relevant regulators believe that the relevant services belong to the so-called "crypto-asset securities". The letter pointed out that the silence of these institutions on the matter shows that given that the U.S. Securities and Exchange Commission has admitted that ETH is not a security, and the term "crypto-asset securities" does not apply to the tokens themselves, but the way the tokens are sold, it has created market confusion and uncertainty. John Rose pointed out in the letter: "Participants in the digital asset field deserve certainty from regulators, but under the leadership of Gary Gensler, they have only received chaos and confusion. I hope that Chairman Gary Gensler will listen to our concerns carefully while cleaning up his office and provide some real guidance before leaving office."

#ETH