The United States Securities and Exchange Commission’s (SEC) Division of Corporation Finance has said that staking activities on Proof-of-Stake networks do not constitute securities transactions.
However, while the statement addressed crypto staking, it noted that it was not a binding guidance.
SEC Issues Statement On Crypto Staking
The United States Securities and Exchange Commission (SEC) issued new guidance on staking, with its Division of Corporation Finance stating that “Protocol Staking Activities” like cryptocurrencies staked in a Proof-of-Stake blockchain don’t need to register with the commission transactions under the Securities Act. The agency stated,
“Accordingly, it is the Division’s view that participants in Protocol Staking Activities do not need to register with the Commission transactions under the Securities Act.”
The new guidance marks a significant step forward for the US crypto industry, with Alison Mangiero, Head of Staking Polic
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