$BTC SEC's New Guide: Major Changes for Crypto Regulation

The latest announcement from the U.S. Securities and Exchange Commission (SEC) regarding staking protocols signals a significant shift in the regulatory framework surrounding cryptocurrency. According to the SEC's Division of Corporation Finance, staking activities on proof-of-stake blockchains will not require registration as securities transactions under the Securities Act. This decision has been seen as a major victory by industry experts who view it as a step towards better regulatory consistency globally.

A Step Towards Clarity in Regulatory Guidelines

This decision was welcomed by Alison Mangiero, head of staking policy at the Crypto Council for Innovation. She expressed that this new clarity is crucial for the industry to thrive, providing a solid foundation for future regulation. Over the past year, industry participants have increasingly emphasized the need for a deeper understanding of staking protocols, distinguishing them from conventional investment contracts. This guidance also highlights the growing momentum towards clearer regulation as industry stakeholders await the potential approval of the first Ethereum (ETH) staking ETF.