The Securities and Exchange Commission’s (SEC) Division of Corporation Finance released a statement articulating its position that certain cryptocurrency staking activities fall outside the federal securities laws. [1] This development coincides with the House of Representatives introducing the Digital Asset Market Clarity Act , a comprehensive market structure bill for digital assets, signaling continued momentum toward regulatory clarity in the digital assets sector.

Covered Activities: Division’s Position on Three Staking Models

The Division expressed the view that three specific staking models do not constitute securities offerings under the Howey test. Self (or solo) staking is addressed most directly, where node operators stake their own crypto assets using their own va

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