SEC Commissioner Caroline A. Crenshaw criticizes the agency’s mixed signals regarding the status of Ethereum (ETH) and Solana (SOL) as securities. Despite prior statements declaring many digital assets as non-securities, new ETFs contradict this stance, leading to regulatory chaos.
Crenshaw warns that the SEC’s push for clarity is resulting in deeper confusion. The agency’s approach has raised concerns among traders and investors, as the definition of crypto assets shifts unpredictably, complicating market participation.
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