#SEC stated in a new personnel announcement released late yesterday that crypto #staking does not violate U.S. securities laws.

📌 What does this mean?

– Projects can now offer services such as staking, pooled staking, and custody more comfortably.

– The likelihood of the SEC suing actors such as node operators, validators, custodians, and delegators is now much lower.

– The SEC evaluates staking just like mining: “This is not a sale of securities.”

🔍 The SEC made a similar statement regarding #Bitcoin mining last month. It now appears to have adopted the same approach for #PoS systems as well.

👉 Figment CEO Lorien Gabel: “The SEC has been quite clear on a topic that can be complicated.”

In other words; it seems like a significant barrier has been lifted for those staking in the U.S. This is one of the secretly good news in the market.