Compass Investments

Crypto vs. Dollar

📌 According to online information, the security of Solana or Polygona is not the direct subject of the SEC’s investigation into Etherium. However, the regulatory agency continues to monitor cryptocurrencies in general.

If the SEC is no longer investigating Ethereum, it is only partly because other cryptocurrencies with similar proof of stake ( proof of stake ) systems are not at risk. While the SECs official stance has made Ethereums situation easier, it does not automatically recognize other coins using the same system as safe. Each project has its own peculiarities that may be considered by the SEC when making its decision. One should not think unequivocally about the classification of cryptocurrencies in the securities category, as multiple factors and individual characteristics of each project are important in this matter. Thus, the SECs decision to investigate Ethereum is an important step, but does not guarantee the complete safety of other cryptoassets based on the proof-of-stake system. Ethereum

– If the SEC is no longer investigating Ethereum, it is only partly because other cryptocurrencies with similar “proof of stake” ( proof of stake ) systems are not at risk. While the SEC’s official stance has made Ethereum’s situation easier, it does not automatically recognize other coins using the same system as safe. Each project has its own peculiarities that may be considered by the SEC when making its decision. One should not think unequivocally about the classification of cryptocurrencies in the securities category, as multiple factors and individual characteristics of each project are important in this matter. Thus, the SEC’s decision to investigate Ethereum is an important step, but does not guarantee the complete safety of other cryptoassets based on the proof-of-stake system.

Bitcoin

Bitcoin

$64,567.99

BTC -0.88%

Ethereum

Ethereum

$3,441.34

ETH -1.13%

Binance Coin

Binance Coin

$572.90

BNB -1.17%

XRP

XRP

$0.57

XRP -6.55%

Dogecoin

Dogecoin

$0.12

DOGE -3.26%

Cardano

Cardano

$0.44

ADA -2.27%

Solana

Solana

$158.82

SOL -2.34%