SEC Drops Ethereum 2.0 Investigation: Implications for Other Proof-of-Stake Cryptocurrencies

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0, following the blockchain’s transition to proof of stake (PoS). This development, along with the approval of Ethereum ETFs in the United States, has raised questions about the regulatory status of other PoS cryptocurrencies like Solana and Polygon. Legal professionals caution against