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Developer of MetaMask, Consensys sent a letter to SEC with comments, advocating the approval of the spot EthereumETF

№ 0224Published Updated 1 min read
Developer of MetaMask, Consensys sent a letter to SEC with comments, advocating the approval of the spot EthereumETF

Consensys stressed that Ethereum runs on a fully transparent and public blockchain. Consensys urged SEC to recognize Ethereum security features that outperform ETP based on Bitcoin previously approved by SEC.

In fact, the implementation of the PoS Ethereum corresponds to and even surpasses the security of the proof-of-work (PoW) of Bitcoin, which underlies the ETF~BTC that has already been approved by SEC

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Developer MetaMask, the company Consensys sent a letter to SEC | $uicideChain