According to BlockBeats, the Crypto Council for Innovation is advocating for the U.S. Securities and Exchange Commission (SEC) to provide formal guidance on staking, as Web3 infrastructure providers continue to face regulatory uncertainty. Allison Muehr, the head of staking policy at the organization, emphasized the importance of clarifying the SEC's stance on staking during the Solana Accelerate conference in New York.
Muehr noted that the crypto industry has made approximately 25% progress in this endeavor. She highlighted that over the past four months, constructive interactions with the SEC have surpassed those of the previous four years. However, the industry is still awaiting official staking guidelines from the SEC.