The U.S. Securities and Exchange Commission has formally concluded its review of the Zcash Foundation and will not pursue any enforcement action. The Zcash Foundation confirmed that the SEC informed the organization it does not intend to recommend sanctions, penalties, or further regulatory measures following an inquiry tied to “Certain Crypto Asset Offerings (SF-04569).” The investigation stemmed from a subpoena issued on August 31, 2023, and has now been fully closed. For Zcash, a project built around privacy-preserving technology, the conclusion marks a quiet but consequential milestone. Regulatory scrutiny took place. The process ran its course. And it ended without
The post SEC Closes Zcash Foundation Review Without Enforcement Action appeared first on The Merkle News.
