The Securities and Exchange Commission (SEC) recently dropped a lawsuit against Coinbase, which it previously accused of operating as an unlicensed securities exchange. The move reflects a shift in policy under a more pro-crypto administration.
Additionally, the SEC has now formed a Crypto Task Force led by Commissioner Hester Peirce, aimed at creating clearer regulation and supporting innovation in the staking and blockchain sectors.
$ETH as the largest blockchain with Proof of Stake (PoS) mechanism, is also highlighted in this regulation. Clarity of the rules is expected to support the ETH staking ecosystem without excessive obstacles.
What do you think, is this the right step?
