‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations
Submitted by Anonymous (not verified) on Thu, 04/25/2024 - 23:30
In 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 […]