Odaily Planet Daily News Consensys announced on X that Ethereum developers, technology providers, and industry participants have won a major victory: the U.S. SEC Enforcement Division has notified us that it will end its investigation into Ethereum 2.0. This means that the SEC will not allege that the sale of Ethereum is a securities transaction. This decision follows a letter we sent on June 7, which asked the SEC to confirm that the approval of the Ethereum spot ETF in May was based on the premise that ETH is a commodity, which means that the agency will end its investigation into Ethereum 2.0. This decision is significant, but it is not a panacea for many blockchain developers, technology providers, and industry participants who have suffered under the SEC's illegal and aggressive cryptocurrency enforcement regime. Our fight continues. In the lawsuit, we also requested a statement that providing user interface software MetaMask Swaps and Staking does not violate securities laws. It shouldn't take a lawsuit to provide much-needed regulatory clarity to allow an industry that is the backbone of countless new technologies and innovations to flourish-we have done it.
