Zcash Foundation Confirms SEC Closure While ZEC Price Surges

TLDR Zcash Foundation confirmed that the US SEC closed its investigation without taking enforcement action. The report stated that the inquiry began after a subpoena issued in August 2023. Zcash Foundation said the closure removed regulatory pressure and improved operational clarity. The network continued to function smoothly despite internal disruption at Electric Coin Company. Blocks [...]

The post Zcash Foundation Confirms SEC Closure While ZEC Price Surges appeared first on Blockonomi.