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‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations

Consensys Sues SEC Over Ethereum RegulationsIn a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a Wells Notice to Consensys, asserting that Metamask functions as an “unlicensed broker-dealer.” Consensys Confronts SEC Following Receipt […]

from Bitcoin News https://ift.tt/LTaj9u7

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