SEC ends investigation into Zcash Foundation tied to 2023 crypto asset inquiry
Crypto Briefing
The SEC concluded its 2023 inquiry into the Zcash Foundation without recommending any enforcement action.Summary
The U.S. Securities and Exchange Commission (SEC) has terminated its review of the Zcash Foundation stemming from a 2023 subpoena, announcing it will not recommend any enforcement action. This investigation was part of a larger SEC probe concerning "Certain Crypto Asset Offerings" and potential securities violations by digital asset issuers. The Zcash Foundation stated that this outcome validates its commitment to transparency and regulatory compliance while continuing to support privacy-preserving financial tools. Zcash, a prominent privacy coin, remains under heightened regulatory scrutiny globally as debates continue over balancing anonymity with anti-money-laundering enforcement.
(Source：Crypto Briefing)