๐SEC's Ether investigation closed!๐ The SEC has wrapped up its probe into whether Ether is a security. Consensys lawyer, Laura Brookover, says there'll be no more SEC claims of Ether being a security. But wait! The SEC itself hasn't confirmed this. ๐คทโโ๏ธ What's your take? Is Ether a security or a commodity? Let's debate below! ๐
In other news, Iran is launching a CBDC pilot for domestic micropayments. Tourists and banking customers on the island of Kish will be able to pay for goods and services using the digital rial. ๐ด๐ฐ
Meanwhile, Uphold is delisting six popular stablecoins from July 1 to comply with the EU's MiCA. Holders of these stablecoins must convert them to a different cryptocurrency before June 28. ๐
Lastly, Italy is increasing surveillance of the crypto markets to comply with MiCA. Fines for regulatory violations could range from 5,000 to 5 million euros. Tough times for blockchain firms and DeFi protocols! ๐ฎ๐น๐ถ
What are your thoughts on these developments? Comment below! ๐