The SEC has concluded its investigation into Zcash, stating it will not pursue enforcement actions regarding certain crypto asset offerings. The probe began in August 2023, following a subpoena to the Zcash Foundation. President Trump’s administration has seen the SEC drop investigations into several crypto companies, suggesting a softer regulatory approach.

Cointelegraph has reached out to the Zcash Foundation for more details on the SEC subpoena and investigation but has not yet received a response. This is a developing story, and updates will be provided as information becomes available. The SEC’s decision not to pursue enforcement actions against Zcash reflects a trend of decreased regulatory scrutiny under the current administration.

Read more at Cointelegraph: SEC Closed its 2023 Probe into Privacy Coin