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SEC officially concludes investigation with Zcash Foundation
Good news for the Zcash community - the U.S. Securities and Exchange Commission (SEC) has just completed its review process related to the Zcash Foundation. The result is that the SEC has announced that there is no intention to initiate any enforcement actions or policy adjustments against this organization.
This decision is significant - it confirms that the activities of the Zcash Foundation are not considered violations or legally concerning by federal regulators. This is clear evidence of normalization in the approach of U.S. regulatory agencies towards long-standing and well-established cryptocurrency projects.