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In a surprising turn of events, the SEC decided not to recommend an enforcement action, which led to an increase in the price of the Ether token earlier this week. However, Alderoty stated that the status of MetaMask and staking remains unclear. Consensys CEO Joseph Lubin celebrated the decision as a victory for Ethereum and the wider cryptocurrency community. He said, 'It's a testament to the strength of decentralized technology and the unyielding spirit of innovation that drives our builders.' However, he emphasized that the struggle for a supportive regulatory environment is far from over.
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