The U.S. Securities and Exchange Commission has once again postponed its decision on the Grayscale Investments Ethereum spot proposal
The U.S. Securities and Exchange Commission (SEC) has once again postponed the decision timeline for Grayscale Investments' Ethereum spot proposal. The SEC specifically asked whether Ethereum's proof of stake mechanism and the "concentration of control or influence by a few individuals or entities" would bring unique concerns, making the fund susceptible to fraud and manipulation.
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
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.
Trending news
MoreCrypto prices
More
