Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ethereum – price cannot break through – what does it stop?

2025-05-19

How to stimulate your PI network extraction rate with 26x in 2025 – Key Strategy

2025-05-19

Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-18
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Web 3»The SEC is coming for Ethereum (again).
Web 3

The SEC is coming for Ethereum (again).

2024-06-30No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

TL; DR

  • The SEC just filed a lawsuit against Consensys (the makers of MetaMask), claiming that their staking services are “offered and sold as investment contracts and [are]so certainties.”

Full story

If you grew up with a younger sibling, you’re probably familiar with the following type of scenario:

Mom tells you to stop hitting each other → but you still have revenge to get → so start destroying your sibling’s toys.

(Sure, you just ripped off the head of Eric’s beloved childhood teddy bear… but you’re still adhering to your mother’s orders not to hit each other).

Well, it turns out that old habits die hard.

The SEC may have stopped attacking Ethereum, but now it is attacking the companies that support it.

Specifically: Consensys (makers of the world’s most popular Ethereum wallet, MetaMask).

This time, they claim that MetaMask’s staking services are “offered and sold as investment contracts and [are]so certainties.”

Much to our family’s disappointment, we are not lawyers…

But this feels like one of the longer shots the SEC has taken in recent memory.

They just categorized Ethereum (and by proxy/precedent, Ethereum-like products) as commodities (‘things’ like oil and gold) – i.e. not securities (companies).

Staking pays users interest on their ETH (a commodity), the same way banks pay customers interest on their cash holdings (also a commodity)…

So the SEC is about to hear a case where the biggest hurdle has been self-imposed (the recent categorization of ETH as a commodity).

We don’t understand. But it’s nice to know that they’re probably fighting a losing battle.

See also  Ethereum decouples from Bitcoin: investigation into the causes

Source link

coming Ethereum SEC
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum – price cannot break through – what does it stop?

2025-05-19

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Ethereum: Why this analysis company expects ETH $ 6K to hit in 2025

2025-05-19

Ethereum revise the market signs of December 2024 – This is what it means for you

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Major Bitcoin Stakeholders Offload Over $8,500,000,000 in BTC in Just 48 Hours, Says Analytics Firm Santiment

2024-12-08

Bitcoin Dominance Weakens: Are Altcoins Ready to Take Over?

2024-12-04

Record $1 billion worth of shorts risks liquidation if Bitcoin reaches this price

2024-03-11
Editors Picks

Shiba Inu has strong near support with weekly whale trades worth $270 million: what’s next for SHIB price?

2023-10-27

Bitcoin: What do the price indicators say now that $50,000 predictions are coming to nothing?

2023-12-07

Bitcoin Fear and Greed Index insists on caution – What should investors do afterwards?

2025-03-31

Xrpl Nfts will be part of a major event expected to attract 28 million people

2024-04-19
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ethereum – price cannot break through – what does it stop?

How to stimulate your PI network extraction rate with 26x in 2025 – Key Strategy

Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,527.47-0.78%
  • ethereumEthereum(ETH)$2,450.74-4.31%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.34-3.73%
  • binancecoinBNB(BNB)$646.00-0.79%
  • solanaSolana(SOL)$163.96-6.06%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.221327-4.73%
  • cardanoCardano(ADA)$0.73-4.52%
  • tronTRON(TRX)$0.265105-2.89%
  • suiSui(SUI)$3.77-5.17%
  • chainlinkChainlink(LINK)$15.43-4.53%
  • avalanche-2Avalanche(AVAX)$22.10-6.48%
  • stellarStellar(XLM)$0.283374-4.23%
  • hyperliquidHyperliquid(HYPE)$26.00-3.97%
  • shiba-inuShiba Inu(SHIB)$0.000014-5.48%
  • hedera-hashgraphHedera(HBAR)$0.191001-3.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-1.24%
  • bitcoin-cashBitcoin Cash(BCH)$386.68-4.30%
  • litecoinLitecoin(LTC)$97.31-3.00%
  • the-open-networkToncoin(TON)$2.96-6.11%
  • polkadotPolkadot(DOT)$4.56-6.33%
  • moneroMonero(XMR)$344.570.49%
  • bitget-tokenBitget Token(BGB)$5.14-2.06%
  • pepePepe(PEPE)$0.000013-4.69%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.72-3.18%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.83-6.59%
  • bittensorBittensor(TAO)$404.65-7.45%
  • aaveAave(AAVE)$227.25-4.24%
  • nearNEAR Protocol(NEAR)$2.74-5.26%
  • aptosAptos(APT)$5.11-3.30%
  • okbOKB(OKB)$52.03-2.79%
  • ondo-financeOndo(ONDO)$0.92-4.39%
  • kaspaKaspa(KAS)$0.106954-6.98%
  • internet-computerInternet Computer(ICP)$5.16-3.99%
  • ethereum-classicEthereum Classic(ETC)$18.08-4.21%
  • gatechain-tokenGateToken(GT)$21.39-1.81%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.70-5.03%
  • crypto-com-chainCronos(CRO)$0.094663-5.80%
  • mantleMantle(MNT)$0.73-2.06%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232648-4.25%
  • vechainVeChain(VET)$0.027781-4.75%
  • render-tokenRender(RENDER)$4.51-5.53%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • ethenaEthena(ENA)$0.359082-10.02%
  • filecoinFilecoin(FIL)$2.84-3.53%
  • algorandAlgorand(ALGO)$0.219543-4.16%
  • arbitrumArbitrum(ARB)$0.384116-4.38%
  • bitcoinBitcoin(BTC)$104,527.47-0.78%
  • ethereumEthereum(ETH)$2,450.74-4.31%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.34-3.73%
  • binancecoinBNB(BNB)$646.00-0.79%
  • solanaSolana(SOL)$163.96-6.06%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.221327-4.73%
  • cardanoCardano(ADA)$0.73-4.52%
  • tronTRON(TRX)$0.265105-2.89%
  • suiSui(SUI)$3.77-5.17%
  • chainlinkChainlink(LINK)$15.43-4.53%
  • avalanche-2Avalanche(AVAX)$22.10-6.48%
  • stellarStellar(XLM)$0.283374-4.23%
  • hyperliquidHyperliquid(HYPE)$26.00-3.97%
  • shiba-inuShiba Inu(SHIB)$0.000014-5.48%
  • hedera-hashgraphHedera(HBAR)$0.191001-3.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.60-1.24%
  • bitcoin-cashBitcoin Cash(BCH)$386.68-4.30%
  • litecoinLitecoin(LTC)$97.31-3.00%
  • the-open-networkToncoin(TON)$2.96-6.11%
  • polkadotPolkadot(DOT)$4.56-6.33%
  • moneroMonero(XMR)$344.570.49%
  • bitget-tokenBitget Token(BGB)$5.14-2.06%
  • pepePepe(PEPE)$0.000013-4.69%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.72-3.18%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$5.83-6.59%
  • bittensorBittensor(TAO)$404.65-7.45%
  • aaveAave(AAVE)$227.25-4.24%
  • nearNEAR Protocol(NEAR)$2.74-5.26%
  • aptosAptos(APT)$5.11-3.30%
  • okbOKB(OKB)$52.03-2.79%
  • ondo-financeOndo(ONDO)$0.92-4.39%
  • kaspaKaspa(KAS)$0.106954-6.98%
  • internet-computerInternet Computer(ICP)$5.16-3.99%
  • ethereum-classicEthereum Classic(ETC)$18.08-4.21%
  • gatechain-tokenGateToken(GT)$21.39-1.81%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.70-5.03%
  • crypto-com-chainCronos(CRO)$0.094663-5.80%
  • mantleMantle(MNT)$0.73-2.06%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232648-4.25%
  • vechainVeChain(VET)$0.027781-4.75%
  • render-tokenRender(RENDER)$4.51-5.53%
  • usd1World Liberty Financial USD(USD1)$1.00-0.02%
  • ethenaEthena(ENA)$0.359082-10.02%
  • filecoinFilecoin(FIL)$2.84-3.53%
  • algorandAlgorand(ALGO)$0.219543-4.16%
  • arbitrumArbitrum(ARB)$0.384116-4.38%