SEC vs. Ethereum: Gensler Has "Become an Embarrassment"
In a recent report from BTC-ECHO, escalating tensions between the SEC and ConsenSys, the publisher of Metamask, are discussed. The dispute has reached new heights with a countersuit from ConsenSys, increasing pressure on the regulatory environment for cryptocurrencies in the US.
The controversy revolves around the regulation of Ethereum and its DeFi applications by the SEC, which has not yet set clear guidelines. This legal uncertainty could have severe consequences for the Ethereum ecosystem.
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Ethereum at Risk – Crypto Company Strikes Back Hard
According to an article in DER AKTIONÄR, Ethereum faces significant challenges due to an aggressive stance by the US securities regulatory agency, SEC. An unnamed crypto company plans a preemptive strike in response to this threat.
This approach highlights the growing confidence within the crypto industry regarding regulatory interventions. The case could have far-reaching implications for other companies in the sector as well as for the general acceptance of blockchain-based applications.
SEC Likely to Reject Ethereum ETFs
Cointelegraph Deutschland reports that it is unlikely the US Securities and Exchange Commission (SEC) will approve spot index funds (ETFs) for Ethereum next month. This follows intense discussions with no significant progress on the products themselves.
Despite historical approvals like Bitcoin spot ETFs, a delay or rejection seems to be looming due to ongoing uncertainties regarding Ethereum's status as a security under SEC regulations.
KPMG Study: Who Actually Invests in Bitcoin and the Like?
On DAS INVESTMENT.COM, a recent study by KPMG and BTC-Echo was published, shedding light on who exactly is behind investments in digital assets such as Bitcoin and Ethereum. It turns out that both young risk-takers and experienced high earners are increasingly looking to invest their money in this market,