Ether Foundation confirms Chapelle’s release date: community response

The community praises Ether developers for the milestone, but some fear SEC regulator intervention.
On March 28, EtherFoundation developers confirmed that the Shapella update will take place on April 12 at 22:27 UTC.
As explained in the announcement, the Ethernet Enhancement Proposal (EIP) will allow mobile Ether to withdraw to the Ether Virtual Machine (EVM). In this way, users will be able to withdraw - in whole or in part - their assets. However, it should be emphasized that mechanisms have been put in place to avoid a massive sell-off of ETH.
The community seems to be enthusiastic about the upcoming update. One Twitter user admitted that he had long doubted the commitment of the Ether development team, but now he had a new idea:
"I'd be lying if I said I haven't had any serious doubts in the last two years about whether I'd get my ETH from a bet. Today confirms the importance of believing in something that is constantly improving."
Jesse Pollack also praised the developers of Ether for being able to roll out the update a month later than the original schedule:
"Can we take a moment to celebrate the fact that withdrawals were allowed less than seven months after the merger, and only a month later than originally anticipated? This is an outstanding achievement for any project, but even more so for Ether, which is so decentralized and security-oriented."
Even Hal Press, CEO of cryptocurrency-focused hedge fund North Rock Digital, congratulated the developers of Ether for completing the update.
But another community member fears the update could be the start of more regulation by the U.S. Securities and Exchange Commission (SEC):
"This is a huge step for the Ethereum community, but also a dangerous one: I fear that once withdrawals are allowed, the SEC will sue Ethereum for offering unregistered securities."