Ethereum Foundation Executive Director: Due to complex regulations, it is impossible to announce financial plans in advance

Odaily News Regarding the Ethereum Foundation address depositing 35,000 ETH to Kraken, Aya Miyaguchi, executive director of the Ethereum Foundation, posted on the X platform that this is part of its fund management activities. The Ethereum Foundation has an annual budget of about $100 million, which is mainly composed of grants and salaries, and some recipients can only accept legal tender. For a long time this year, they were told not to conduct any fund activities because the supervision was complicated, which prevented them from sharing plans in advance. In addition, Aya Miyaguchi also said that this transaction does not mean selling. From now on, they will sell gradually and in a planned manner.