Zcash Foundation says SEC closed 2023 probe into privacy coin
15.01.2026
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The foundation behind Zcash said that the US Securities and Exchange Commission (SEC) will not pursue an enforcement action into the privacy coin after the end of an investigation launched in 2023.
SEC Drops Zcash Probe — Privacy Coin Gets the Green Light
The Zcash Foundation just dropped a bombshell: the SEC has officially closed its 2023 investigation into the privacy coin. No enforcement action, no penalties — just a clean bill of regulatory health.
The probe started in August 2023 with an SEC subpoena about "certain crypto asset offerings," but this week, the regulator quietly packed up its files and walked away. According to the foundation's Wednesday notice, the SEC "concluded its review" and won't recommend any enforcement actions or changes.
"This outcome reflects our commitment to transparency and compliance with applicable regulatory requirements. Zcash Foundation remains focused on advancing privacy-preserving financial infrastructure for the public good." — Zcash Foundation
This isn't an isolated incident. Under the Trump administration, the SEC has been dropping crypto investigations left and right — from Consensys to Aave. The regulatory chill is real, and Zcash just caught the wave.
The Regulatory Tides Are Turning
While Zcash gets its victory lap, bigger regulatory battles are brewing in Congress. On Thursday, the Senate Banking Committee marks up the CLARITY Act — aka the Responsible Financial Innovation Act — which could finally define how the SEC and CFTC regulate digital assets.
The Senate Agriculture Committee follows suit on January 27 with its own markup. Both committees need to agree before this thing hits the Senate floor, but the momentum is building for comprehensive crypto legislation.
- • SEC investigation launched August 2023 via subpoena
- • Probe focused on "certain crypto asset offerings"
- • No enforcement action recommended
- • Part of broader SEC pullback under current administration
- • Senate committees considering major crypto legislation this month
Cointelegraph reached out to the Zcash Foundation for more details on the subpoena specifics, but they haven't responded yet. The silence speaks volumes — sometimes no news is the best news.
#SEC#Zcash#legislation#Privacy Coins#regulation
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