SEC closes investigation into Ethereum 2.0, Consensys celebrates victory but persists with lawsuit.

From Investing.com: 2024-06-19 16:00:55

The U.S. SEC closes investigation into blockchain protocol 2.0, Consensys rejoices. The firm sought an injunction against the SEC in April regarding Ethereum blockchain regulation. Founder Joseph Lubin calls SEC’s decision a victory but emphasizes the need for clear regulations to foster innovation. Consensys persisting with lawsuit against SEC on Ethereum regulation.

SEC tight-lipped on investigation’s closure. Recently approved spot ether ETF listings by Nasdaq, CBOE, and NYSE offer a surprise win for the crypto industry, contradicting expectations of SEC rejection.



Read more at Investing.com: Crypto firm Consensys says US regulator has closed inquiry into Ethereum 2.0 By Reuters