SEC ends investigation into Zcash Foundation tied to 2023 crypto asset inquiry
NeutralCryptocurrency

- The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the Zcash Foundation, which was initiated in 2023 following a subpoena regarding certain crypto asset offerings. This decision marks the end of scrutiny for the privacy-focused cryptocurrency, Zcash.
- The closure of the investigation without any action from the SEC is significant for the Zcash Foundation, as it alleviates regulatory pressures and allows the organization to focus on its mission of promoting financial privacy.
- This development reflects a broader trend within the SEC, which has recently concluded other investigations without charges, indicating a potential shift in regulatory approaches towards cryptocurrency compliance and oversight, particularly concerning privacy coins and their implications in the financial landscape.
— via World Pulse Now AI Editorial System







