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U.S. House of Representatives: SEC contradicts claims about ETH's security

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2024-04-30 21:07:53
The U.S. House of Representatives Financial Services Committee issued a statement saying that the Securities Exchange Commission's (SEC) statements about the security of Ethereum (ETH) contradict statements made by the agency's chairperson, Gary Gensler.
The US Banking Commission said in a statement that it will continue to hold the SEC accountable for overregulation in the digital asset market, and that questions about the agency's classification of Ethereum are critical in the current process of filing to issue the first spot Ethereum ETF in the United States.
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