Zcash Foundation Confirms SEC Closure While ZEC Price Surges
Zcash Foundation confirmed that the US SEC closed its investigation without taking enforcement action.The report stated that the inquiry began after a subpoena issued in August 2023.Zcash Foundation said the closure removed regulatory pressure and improved operational clarity.The network continued to function smoothly despite internal disruption at Electric Coin Company.Blocks were produced consistently, and transactions settled without any interruption. Zcash Foundation released its Q1 2026 report outlining regulatory updates, network stability, and protocol progress. The report confirmed the closure of a US SEC investigation without enforcement action. Meanwhile, ZEC extended its rebound and traded near $573 during the reporting period. Zcash Foundation confirms SEC case closure and regulatory clarity Zcash Foundation stated that the US Securities and Exchange Commission ended its inquiry without enforcement action. The agency initiated the investigation after issuing a subpoena in August 2023. The foundation said the closure removed regulatory pressure and provided clearer operational direction. It also confirmed that the SEC informed the organization directly about its decision. Zcash Foundation described the quarter as one of its most consequential operational periods. The report cited governance shifts, infrastructure work, and protocol upgrades across the ecosystem. The organization noted that regulatory clarity allows continued development without legal uncertainty. It emphasized that ongoing work