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The U.S. Securities and Exchange Commission (SEC) is actively pursuing a legal campaign to classify Ethereum, the second-most popular cryptocurrency, as a security. Companies related to Ethereum have received subpoenas, indicating an investigation into its security status. This move by the SEC has raised concerns about the potential impact on Ethereum and its ETF approval.
ethereum is security https://t.co/kQx6HtvMMx
ethereum is a security https://t.co/UpunO71w6m
SEC INVESTIGATES CLASSIFICATION OF ETHEREUM AS SECURITY, DIMS HOPES OF ETF APPROVAL The U.S. SEC has initiated an investigation into classifying Ethereum's native token as a security, reportedly prompted by the network's shift to proof-of-stake in 2022. This move could… https://t.co/j6DgSdTzJ6