The SEC’s reported investigation into the Ethereum Foundation could explain why the regulator hasn’t been forthcoming with prospective spot Ether ETF issuers, some suggest.to companies that have worked with the Ethereum Foundation. Sources familiar with the matter said the commission had launched a campaign to classify ETH as a security in 2022.
Fox Business reporter Eleanor Terrett even suggested that the subpoenas could explain why the securities regulator has seemingly been reluctant to engage with prospective spot Ether ETF issuers.
Source: Digital Coin News (digitalcoinnews.net)
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