According to Foresight News, the U.S. Securities and Exchange Commission (SEC) has clarified that certain Proof of Stake (PoS) activities do not constitute securities trading. This follows a previous statement from the SEC regarding its position on Proof of Work (PoW) mining activities, indicating that these do not involve offers and sales of securities.
The SEC has stated that participants in mining activities are not required to register transactions with the commission under the Securities Act. Furthermore, these activities do not fall within the registration exemptions outlined by the Securities Act related to mining activities.