SEC Staff: Some Staking Activities Are Not Securities

SEC Staff: Some Staking Activities Not SecuritiesThe SEC’s Division of Corporation Finance has clarified that defined protocol staking on proof-of-stake networks does not constitute a securities offering under federal law. SEC Staff Clarifies Protocol Staking Not a Security for Covered Crypto Assets on PoS Network The U.S. Securities and Exchange Commission’s Division of Corporation Finance issued a detailed public statement on […]

Source: https://news.bitcoin.com/sec-staff-some-staking-activities-are-not-securities/