The U.S. Securities and Exchange Commission concluded its review of the Zcash Foundation on Wednesday. The agency also advised charities that it does not intend to bring any enforcement action or other charges against Zcash Foundation regarding its provision of cryptocurrencies.
The SEC issued a subpoena to Zcash Foundation on August 31, 2023 in connection with an investigation into the offering of certain digital assets. The Foundation said this achievement reflects the Foundation's commitment to transparency and compliance with applicable regulatory requirements.
Zcash Network Announces 5 New DNS Seeders
We are pleased to announce that the SEC has concluded its review and has notified Zcash Foundation that it does not intend to recommend enforcement action or other changes in this matter. https://t.co/zjxfh3mmst
— Zcash Foundation🛡️ (@ZcashFoundation) January 14, 2026
SEC investigation concentrated Regarding anti-money laundering, economic sanctions, and securities regulations. The announcement came after the price of Zcash, currently trading at $437, rose 12% in 24 hours. According to on-chain data, digital assets have nearly doubled in the past three months, despite a decline in digital asset prices in October.
CONCLUSION OF SEC INVESTIGATION come That's because the nonprofit organization announced an expansion of its Zcash network infrastructure on Tuesday. The foundation has deployed five new DNS seeders in South Carolina, Oregon, Belgium, Germany, and Finland. The Zcash Foundation currently owns six seeders operated by ZF, including one in Iowa.
ZF Link DNS is intended to help new nodes establish their first connection and enable fast transactions on the network. The Zcash network previously relied on a set of DNS seeders run by Electric Coin Company (ECC), Zcash Foundation (ZF), and Zcash Core developer Jack Grigg (str4d).
Zcash Foundation noticed It claimed that the DNS operated by ECC stopped responding on January 8th. The organization claimed that the ECC seeder went offline, resulting in slower than normal bootstrapping for new Zcash users. This issue reduced the number of available seeders and allowed additional infrastructure to ensure reliable peer discovery for users.
ZF acknowledged that having multiple DNS seeders in different geographical locations improves reliability. The company believes this will ensure that wallets and nodes can always find their peers on the network, even during outages. The organization also noted that the initiative will reduce wallet and node startup times and improve performance.
Zcash Foundation said it is considering additional deployments in other regions to further improve coverage and reliability. The organization also revealed that Shielded Labs is working on introducing additional seeders.
Zcash Foundation is focused on advancing privacy-preserving technology
After the resignation of Electric Coin Company, ZF maintained The company is focused on advancing financial infrastructure that protects privacy in the public interest. The organization added that it is working to manage Zcash as a decentralized, open-source protocol.
ZF has confirmed that Zcash's codebase is open source, so no contributors, teams, or organizations control Zcash. The organization revealed that Zcash's consensus rules are enforced by independent node operators around the world. Other organizations and contributors also support the development of the protocol.
The Zcash Foundation said this structure ensures that changes within the organization do not compromise the integrity or continuity of the Zcash blockchain. The organization maintained that the network continues to operate normally by continuing to generate blocks, settle transactions, and ensure the safety of users' funds and privacy.
ZF revealed The company is focused on maintaining and supporting the development of the Zcash protocol, as well as allocating funds for independent research and engineering. The foundation is also focused on supporting decentralization across governance, and also advocates for privacy in its protocols.
The group said that while transitions within an ecosystem create uncertainty, it is important for users to distinguish between organizational change and network health. ZF acknowledged that its network is independent of any single organization, board of directors or corporate entity. The company said the resiliency and future of the network depends on users, miners, researchers, developers and organizations united by a common commitment to privacy-preserving technology.
Zcash Foundation also asserted that it remains committed to transparency, continuity, and cooperation with all ecosystem participants. The organization is also committed to acting in the best long-term interest of the Zcash network and community.
Sharpen your strategy with mentorship and daily ideas – 30 days free access to our trading program
