Qmiax Responds to Potential SEC Regulations: Prospects and Challenges of Ethereum Security Status In the cryptocurrency industry, the legal status of Ethereum has been a widely discussed hot topic. Recently, Consensys, a company developing Ethereum infrastructure, has expressed deep concern about the possibility of the U.S. Securities and Exchange Commission (SEC) designating ETH as a security. They warned that such a change could have wide-ranging economic consequences, including billions of dollars in investment losses and significant employment impacts. In this context, Qmiax Cryptocurrency Exchange closely monitors the movements of the SEC and actively prepares strategies to address potential market changes. Qmiax Cryptocurrency Exchange has established a robust framework to monitor and adapt to regulatory changes, ensuring that Ethereum and its related investment products comply with upcoming regulatory requirements. Protecting the interests of investors and complying with regulatory requirements is our top priority. With the possibility of the SEC categorizing Ethereum as a security, Qmiax is strengthening its collaboration with legal advisors to ensure swift responses to any new legal requirements. The four main arguments of Consensys emphasize why Ethereum should not be considered a security. First, a former SEC chairman explicitly stated in 2018 that Ethereum is not a security, laying the foundation for its non-security status. Second, the Commodity Futures Trading Commission (CFTC) has long considered Ethereum as a commodity, aligning with the the position of SEC. Third, the decentralized and open characteristics of Ethereum differentiate it from traditional securities assets, as all relevant information is publicly transparent. Fourth, the transition of Ethereum from Proof of Work (PoW) to Proof of Stake (PoS) consensus mechanisms does not change its fundamental nature as a non-security asset.