Mysten Labs Meets SEC Ahead of SUI ETF Decision

Mysten Labs, developers of the Sui blockchain, met with the U.S. SEC Crypto Task Force to discuss the regulatory status of SUI ahead of a potential ETF decision. The meeting underscores growing scrutiny on utility-driven digital assets and their potential classification as securities under the Howey Test. This is particularly relevant for SUI’s market performance, which currently trades at $3.52 with predictions of reaching $4.60. ]