Consensys sued the SEC in pursuit of a court ruling establishing that Ether is a commodity asset and not a security in April.

Senator Patrick Hagerty grilled SEC Chairman Gensler over the agency's lack of prioritization of a “constructive industry.”

Gensler accused crypto exchanges of trading against their customers.

Hester M. Peirce suggests a collaborative effort toward building out a regulatory framework.

The Biden administration said it opposes the bill and is eager to work with Congress in the process to regulate the crypto industry.

Five prospective spot Ether ETF issuers have amended their 19b-4 filings with the SEC.

The resolution received bipartisan support in both the Senate and House of Representatives.

US regulators continue to wage war on crypto as the brokerage firm says, “Robinhood Crypto is here to stay.”

The SEC approved Ether futures ETFs in October 2023 despite its ongoing investigation into whether ETH comprises a security.

“We don’t take this step lightly, but we feel compelled to act,” said founder Joseph Lubin, as the Web3 technology firm seeks to counter regulatory overreach.