On February 25th, COINOTAG News reported that the U.S. Securities and Exchange Commission (SEC) is intensifying its scrutiny on the lending sector, potentially revisiting its lawsuit against ConsenSys regarding the MetaMask lending platform. Initially, the SEC had charged the firm with unregistered brokerage activities, but those claims have been officially withdrawn. This development mirrors the recent outcomes in the Coinbase litigation, where similar allegations were dismissed. As regulatory frameworks continue to evolve, stakeholders in the cryptocurrency space should monitor these legal adjustments closely, as they may influence operational protocols for digital asset lending and overall market stability.
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