Amidst the SEC’s examination, there are growing demands for clearer regulatory guidelines to encourage creativity and advancement within the United States. Nevertheless, the agency persists in its endeavor to potentially categorize Ethereum as a security, employing subpoenas as a means to achieve this objective. Gensler accentuated the significance of adhering to registration prerequisites to guarantee obligatory disclosure, deeming it indispensable for upholding the integrity of the market.
