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<ul class="news-points"> 
 <li>The SEC’s dropping of an investigation into Ethereum has left many questions.</li> 
 <li>Ripple’s legal chief slammed the agency for its regulation strategy.</li> 
 <li>Ripple CTO compared the SEC’s decision to China’s ban/unban on BTC.</li> 
</ul> 
The U.S. Securities and Exchange Commission’s decision to drop its investigation into Ethereum (ETH) has created confusion within the crypto space regarding its approach to&nbsp; regulation. 
While the move propelled ETH prices above $3,400, it has left industry experts and investors puzzled on the future of crypto regulation in the United States. 
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 A big win for Consensys, though questions remain. Does this mean the SEC thinks Consensys’ offers and sales of ETH are not securities transactions and/or that ETH itself is not a security? What will Gensler say if now asked? What is the status of MetaMask and staking? This is…— Stuart Alderoty (@s_alderoty) <a href="https://twitter.com/s_alderoty/status/1803461543516053611?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 19, 2024</a>
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Stuart Alderoty, the Chief Legal Officer at Ripple, took to X (formerly Twitter) to express that the SEC decision has raised numerous questions for the crypto industry, adding: 
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 “Does this mean the SEC thinks Consensys’ offers and sales of ETH are not securities trans…
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The post <a href="https://coinedition.com/secs-eth-probe-similar-to-chinas-bitcoin-ban-ripple-cto/">SEC’s ETH Probe Similar to China’s Bitcoin Ban: Ripple CTO</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

SEC’s ETH Probe Similar to China’s Bitcoin Ban: Ripple CTO

Coin Edition

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