
The US Securities and Change 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 supply clearer steering on digital asset regulation.
“The assertion clarifies the division’s view that, relying on the info and circumstances, the liquid staking actions coated within the assertion don’t contain the supply and sale of securities,” the regulator mentioned Tuesday, referring to key sections of the Securities Act of 1933 and the Securities Change Act of 1934.
“Right now’s workers assertion on liquid staking is a big step ahead in clarifying the workers’s view about crypto asset actions that don’t fall throughout the SEC’s jurisdiction,” Chairman Paul Atkins mentioned in a press release.
It is a growing story, and additional data shall be added because it turns into accessible.