Congratulations ๐ for Ethereum. Congratulations ๐ and God..
#squarecreator #Binance #EtheruemETF
๐๐ผThe SEC ends the investigation into classifying Ethereum as a security..
On June 7, 2024, Consensys urged the SEC to recognize previous approvals of Ethereum-linked ETFs in May, which were based on the assumption that ETH is a commodity. Consensys argued that this should once and for all end the SEC's investigations into Ethereum 2.0.
On June 18, 2024, 4 days ago, the SEC Enforcement Division officially responded. As stated in a letter addressed to Kevin S. Schwartz, Consensys' attorney. โWe are writing to inform you that we have concluded the investigation into the matter referred to above [โฆ] Based on the information available to us to date, we do not intend to recommend enforcement action by the Commission,โ the letter stated.
๐๐ผ The SEC emphasized that this closure does not mean exoneration or that no action will result from the investigation. However, Laura Brookover, a lawyer at Consensys, emphasized the importance of this development...
