The US Securities and Exchange Commission announced the permanent suspension of its investigation into Ethereum. Below are the full details and finally a list of three coins that will grow as Ethereum rises in price.
In a landmark decision, the US Securities and Exchange Commission (SEC) announced that it will permanently pause its investigation into Ethereum. This investigation, which focuses on the classification of Ethereum as a security, has caused uncertainty for the cryptocurrency industry. The SEC's move is seen as an important legal event, which could clarify Ethereum's legal status and ease concerns from developers and investors.
The decision could also impact the broader regulatory approach to other cryptocurrencies, setting a precedent for how digital assets are valued under US securities laws. The suspension could pave the way for stronger development in the Ethereum ecosystem and increase the confidence of market participants.
Below is a list of the top 3 currencies that will thrive thanks to the rise of Ethereum:
1.$ETH
2. $ARB
4.$OP