‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations By Bitcoin-india-News - bitcoinindiannews

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Friday, April 26, 2024

‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations By Bitcoin-india-News

Consensys Sues SEC Over Ethereum RegulationsIn a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a Wells Notice to Consensys, asserting that Metamask functions as an “unlicensed broker-dealer.” Consensys Confronts SEC Following Receipt […]

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