SEC Clarifies: Protocol Staking on Proof-of-Stake Blockchains Not a Security
The U.S. Securities and Exchange Commission (SEC) has clarified that protocol staking activities on proof-of-stake (PoS) blockchains typically do not fall under the jurisdiction of securities laws. This guidance, issued by the SEC’s Division of Corporation Finance on May 29, aims to clarify the regulatory status of the crypto industry ...