The Zcash Foundation confirmed that the U.S. Securities and Exchange Commission has formally closed its inquiry into the organization, concluding a regulatory review that began in 2023 without recommending any enforcement action.
The Foundation stated that the SEC ended its investigation related to “In the Matter of Certain Crypto Asset Offerings [SF-04569],” which followed a subpoena issued on August 31, 2023. According to the announcement, the regulator informed the Foundation that no further action or changes would be pursued. The SEC has not released a separate public statement on the matter.
On-chain development data shows uneven activity throughout the past year. Development metrics fell sharply toward the end of 2025, reaching lows near early January, before rebounding to more stable levels. Although activity remains below earlier cycle peaks, the recent stabilization suggests that core maintenance and protocol work have continued despite organizational changes.
ZEC price action has reflected this uncertainty. After a prolonged decline through late 2025, ZEC recently rebounded and is trading around $437, up more than 6%, according to TradingView data. While the move does not yet confirm a broader trend reversal, price has held above recent local lows, coinciding with the confirmation of regulatory clarity.
Source: Zcash Foundation statements, on-chain development data, TradingView
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or an investment recommendation.
