The U.S. Securities and Exchange Commission (SEC) has closed its investigation into the blockchain protocol Ethereum2.0, cryptocurrency firm Consensys announced on social media platform X late Tuesday. Consensys founder Joseph Lubin hailed the decision as “a significant victory” for Ethereum.
Despite this, Lubin emphasized the need for ongoing vigilance and advocacy for clear regulations to support innovation. Consensys plans to continue its lawsuit seeking a court ruling that the SEC lacks authority to regulate user-controlled software interfaces on Ethereum.
An SEC spokesperson declined to comment on the investigation. Last month, the SEC approved applications from Nasdaq, CBOE, and NYSE to list spot ether ETFs, a surprising win for the cryptocurrency industry.
