Consensys announced on the This is great good news for the industry, but it is not a complete victory. There are still many blockchain development teams suffering under the SEC’s aggressive enforcement, and there is still a long way to go in the future.
Consensys originally filed a lawsuit against the SEC in April, objecting to the classification of ether as a security. The company also received a notice from the SEC in April indicating the agency’s intention to take enforcement action. In subsequent proceedings, the company is also seeking a court ruling that providing MetaMask Swaps and staking user interface software does not violate securities laws.
As Consensys announced that the SEC had closed its investigation into Ethereum, the price of Ethereum successfully reached the $3,500 mark, with a single-day increase of approximately 3%. This also means that the SEC will no longer regard Ethereum as a security, which will help Ethereum. The currency spot ETF was approved early, and the price of Ethereum will rise further in the future.
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〈MICA Daily｜SEC stops its legal investigation into Ethereum, and the price of Ethereum rises〉 This article was first published in "Blocker".
