The US Securities and Alternate Fee (SEC) has clarified that sure cryptocurrency liquid staking actions don’t represent securities choices, a notable step within the company’s ongoing effort to offer clearer steering on digital asset regulation.
“The assertion clarifies the division’s view that, relying on the details and circumstances, the liquid staking actions coated within the assertion don’t contain the provide and sale of securities,” the regulator mentioned Tuesday, referring to key sections of the Securities Act of 1933 and the Securities Alternate Act of 1934.
“As we speak’s employees assertion on liquid staking is a big step ahead in clarifying the employees’s view about crypto asset actions that don’t fall throughout the SEC’s jurisdiction,” Chairman Paul Atkins mentioned in a press release.
This can be a growing story, and additional data will likely be added because it turns into obtainable.
