SEC Faces Criticism Over Ethereum Scrutiny Since 2023

by Heber Wilkinson

Industry consultants Scott Johnsson and Adam Cochran receive raised issues in regards to the SEC’s recent actions. They questioned the approval of Ethereum Futures ETFs in October 2023, which came in spite of ongoing inquiries into whether or now not Ethereum qualifies as a security. Their criticism underscores doable conflicts in the SEC’s regulatory manner. Both consultants point out that this contradiction can even undermine investor self assurance in the regulatory framework.

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