Consensys is suspected of purchasing a large amount of ETH, California legislative proposal may affect the ownership of assets on trading platforms
According to on-chain data monitoring, it is suspected that Consensys recently purchased about $320 million worth of ETH and has staked some of its assets, attracting widespread attention from the market. This massive purchase is seen as a strong signal of Consensys's confidence in the Ethereum ecosystem. Meanwhile, California's legislative body has passed a new law on crypto assets, intending to take over unclaimed crypto assets on trading platforms and provide custody for them. This initiative could change the ownership and management of crypto assets, especially in the context of tightening regulations, and may affect trading platforms' operational strategies and the security of user assets. Overall, this move reflects the increasingly deepening interaction between traditional regulatory systems and the crypto industry.