🚨 Breaking: SEC Chairman Gary Gensler just announced a new regulatory framework targeting institutional staking services!
In a late-afternoon briefing today (August 10, 2025), Gensler outlined a "digital asset staking act" that would classify certain staking services as securities, potentially impacting major platforms and services. The news has sent waves through the DeFi space, causing a sharp but brief dip in tokens like $AVAX and $SOL before a swift recovery as traders assess the full implications. This move is being viewed by some as an attempt to bring more oversight to the growing crypto-lending and staking sector, which is a core feature for many Binance users.
Eyes on the charts!
