According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has issued new guidelines stating that 'protocol staking activities' do not need to be registered as securities transactions under the (Securities Act). The SEC's move is seen as a significant advancement for the U.S. cryptocurrency industry. Alison Mangiero, head of staking policy at the Crypto Council for Innovation, stated that this clarity is crucial. The SEC's new guidelines mark a significant shift from the previous enforcement-driven approach to a more reasoned regulatory framework. Nevertheless, industry participants are still awaiting the approval of the first Ethereum (ETH) staking ETF.