SEC Clarifies Staking Not Always Securities

SEC Clarifies Staking on PoS Networks Not a Security

• The SEC’s Division of Corporation Finance issued a public statement.
• Defined protocol staking on proof-of-stake (PoS) networks is not a securities offering.
• This clarification applies to covered crypto assets on PoS networks.

The SEC’s Division of Corporation Finance clarified that defined protocol staking activities on proof-of-stake networks do not constitute securities offerings under federal law, impacting covered crypto assets.