1/🧵 Big news in the crypto world! The SEC now treats Ethereum as a commodity, not a security. This shift comes after Ethereum's move to proof-of-stake and the approval of spot ETH ETFs. A win for blockchain's potential and investor accessibility. #threadstorm #inleo
2/🧵 The SEC's closure of its investigation into Ethereum 2.0 signals a regulatory nod to Ethereum's legitimacy. ConsenSys' role was key, showing the power of advocacy. This marks a regulatory milestone, placing Ethereum alongside Bitcoin in terms of acceptance.
3/🧵 The timing of the SEC's decision during an election year suggests a strategic move. It's a recognition of the crypto community's influence and a step towards a stable regulatory environment. The future looks bright for Ethereum and blockchain technology!
https://inleo.io/@jadeiy/ethereum-is-a-commodity-why-this-matters-7gs