{"id":504966,"date":"2022-10-05T17:00:47","date_gmt":"2022-10-05T17:00:47","guid":{"rendered":"https:\/\/ktsl888.com\/?p=504966"},"modified":"2022-10-05T09:42:36","modified_gmt":"2022-10-05T09:42:36","slug":"regulatory-scrutiny-threatens-ethereum-rise-will-it-succumb-under-pressure","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/regulatory-scrutiny-threatens-ethereum-rise-will-it-succumb-under-pressure\/","title":{"rendered":"Regulatory Scrutiny Threatens Ethereum\u2019s Rise, Will It Succumb Under Pressure?"},"content":{"rendered":"
Ethereum has been seeing increased regulatory scrutiny in recent months. This comes following the network\u2019s move to a proof of stake mechanism and the introduction of staking to the others. As sanctions have been levied against protocols such as Tornado Cash, it is becoming increasingly possible that regulatory bodies may turn their focus to Ethereum. Now, it seems the parameters for determining whose purview ETH falls under are being hashed out.<\/p>\n
Ethereum Might Be A Security<\/h2>\n
Previously, the Securities and Exchanges Commission boss Gary Gensler had said that the top two cryptocurrencies, Bitcoin and Ethereum, did not qualify as securities. But this was when both of these networks were still firmly operating under a proof of work mechanism.<\/p>\n