The U.S. Securities and Exchange Commission Targets Liquid Cryptocurrency Deposits

- Key Points to Know

📢 What Happened?

The U.S. Securities and Exchange Commission states that some activities related to liquid cryptocurrency deposits (such as stETH) may violate securities laws.

🔍 Why?

Users receive liquid digital tokens in exchange for depositing them.

The SEC argues that this creates an "investment contract" - which matches the definition of securities.

Projects offering these services may need to register or face actions.

🔥 What It Affects:

Cryptocurrency deposit platforms based on #Ethereum

Decentralized finance protocols that use liquid cryptocurrency deposit tokens

Investors expect a return by depositing derivatives

🔒 Regulatory challenges are intensifying.

The decentralized finance sector must prepare.