The Zcash Foundation, which supports the privacy coin Zcash (ZEC), said in a notice stated that the U.S. Securities and Exchange Commission (SEC) “concluded its review.” The probe began in August 2023 in the United States into a “matter of certain crypto asset offerings.”
The foundation added that the result shows its commitment to regulatory compliance. It said the outcome supports its work on privacy-preserving financial infrastructure.
The organization also released direct statements about the conclusion. It noted, “This outcome reflects our commitment to transparency and compliance with applicable regulatory requirements.”
The foundation emphasized continued focus on development and public benefit. It wrote, “Zcash Foundation remains focused on advancing privacy-preserving financial infrastructure for the public good.”
This conclusion follows a broader shift in enforcement actions by the SEC over the past year under U.S. President Donald Trump, which many observers view as a softening of regulatory pressure. The foundation shared its notice publicly and on social media posted on X. Further details may follow.
