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SEC Drops MetaMask Case: A Win for Blockchain Developers

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by Giorgi Kostiuk

5 hours ago


The SEC and Consensys have agreed to dismiss the case against MetaMask, marking a significant event for the blockchain industry.

A Win for Crypto Developers

Consensys has been at the forefront of defending blockchain innovation. When Ethereum was under regulatory scrutiny, Consensys sued the SEC, leading to the closing of the Ethereum investigation.

Devs both here at Consensys and across the space are building a better world and deserve someone in their corner.Joseph Lubin

The SEC’s New Approach

Lubin appreciated the change in SEC's leadership, which now appears more pro-innovation. Consensys aims to work with policymakers to foster a regulatory environment beneficial for consumers and businesses alike.

Crypto wants the U.S. to address the best interests of consumers and businesses, and we are already on our way to making that happen.Joseph Lubin

Consensys' Future Plans

With the legal hurdle behind them, Consensys is ready to advance. Lubin is confident that 2025 will be a pivotal year for both the company and Ethereum, as the shift towards a more decentralized world accelerates.

The dismissal of the SEC's case against MetaMask is a significant step for the crypto industry. Consensys aims to continue working towards a beneficial regulatory environment for all.

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