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SEC Says Crypto Staking Not Subject to Securities Laws

Published

The SEC said Thursday certain staking practices are not classified as securities transactions, ending years of uncertainty.

  • The SEC has clarified staking rules, excluding self-staking and custodial staking.
  • Its corporate finance division emphasized the importance of retaining ownership of assets.
  • Commissioner Caroline Crenshaw criticized the SEC guidance, calling the agency's approach a "'fake it 'till we make it'" outcome.