The U.S. Securities and Exchange Commission has concluded its investigation into Ethereum 2.0, according to an announcement late Tuesday by cryptocurrency firm ConsenSys on social media platform X. ConsenSys previously filed a lawsuit seeking an injunction against the SEC’s regulation of the Ethereum blockchain.
ConsenSys founder Joseph Lubin hailed the SEC’s decision as a “significant victory” for Ethereum. “We welcome these developments, but they are not enough. “We must remain vigilant and continue to advocate for clear and fair regulation so innovation can thrive.” Lubin, who co-founded the cryptocurrency Ether, said at
Despite the SEC’s decision, ConsenSys plans to continue its lawsuit seeking a court ruling that the SEC lacks legal authority to regulate user-controlled software interfaces built on Ethereum or the Ethereum blockchain itself.
An SEC spokeswoman declined to comment on whether an investigation was likely.
Last month, the SEC approved listing applications for spot Ether ETFs from Nasdaq, CBOE, and NYSE. This was a surprising victory for the cryptocurrency industry, which had expected rejection.
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