ETH: The SEC's Regulatory Concerns The US Securities and Exchange Commission (SEC) has been closely monitoring the growth of the cryptocurrency market, particularly Ethereum, the second-largest digital asset by market capitalization. The regulatory body has shown concerns over the lack of proper regulation and potential risks associated with the decentralized nature of Ethereum. This has caused uncertainty and fear among investors and users, leading to a decline in ETH prices. Election Cycle and Crypto Voters As the US presidential elections approach, the SEC seems to have softened its stance on Ethereum regulation. This can be attributed to the growing influence of crypto voters who have shown their support for pro-crypto candidates. With the elections just around the corner, the SEC is likely to prioritize addressing other pressing issues, rather than cracking down on Ethereum. This has brought some relief to the crypto market and has led to an increase in ETH prices. ...
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