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coinpedia 2024-03-21 02:59:47

SEC Targets Ethereum Foundation: SEC’s Shocking Move Sparks Fear and Uncertainty

The post SEC Targets Ethereum Foundation: SEC’s Shocking Move Sparks Fear and Uncertainty appeared first on Coinpedia Fintech News The Securities and Exchange Commission has intensified its scrutiny of Ethereum, the second-largest crypto after Bitcoin, by initiating a legal campaign to classify ETH as a ‘security.’ This regulatory probe will be a significant challenge for the crypto ecosystem while firms are fighting for the regulatory approval of spot Ethereum ETFs. Why the probe? According …

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