Fortune: Sources say the US SEC is investigating Ethereum because of its shift to a proof-of-stake model
According to Mars Finance news, Fortune magazine previously disclosed that the U.S. Securities and Exchange Commission is launching an aggressive legal action to classify Ethereum as a security.
According to the latest news from "Fortune", according to sources, the US Securities and Exchange Commission's investigation of Ethereum may be related to its shift to the PoS proof-of-stake model in 2022, but analysis said that the shift to the proof-of-stake model may not be the reason why the US Securities and Exchange Commission is investigating Ethereum. There may be strong arguments or other factors. Additionally, if Ethereum comes under the SEC’s securities laws, it could impact second-layer blockchains like Polygon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will APT’s price clear $0.87 after Aptos’s launch of Block-STM v2 upgrade?
Sui integrates Alibaba Cloud for AI payments, price eyes $1.40 target
Wall Street sets the midterm election price: Democratic Party factors surge 20%, but the market remains in a "blind zone"
The "Democratic Factor" built by JPMorgan has risen by about 20% since August, while the S&P 500 has only increased by 2.6% over the same period. Prediction platforms show that the probability of Democrats winning both chambers has surged from 23% in August to 64%. Historical data from Goldman Sachs indicates that this probability typically falls by about 5 percentage points on average before Election Day. There is a clear split among institutions: JPMorgan advocates buying on dips, while Bank of America warns that a Democratic sweep could lead to a drop of more than 10% in the stock market.
Crypto prices
More
