Major Win For Crypto: SEC Rules Liquid Staking Activities Outside Securities Regulation

Description

In what could mark a significant advancement for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) has issued new guidance regarding liquid staking activities. This development follows a concerted effort by industry leaders, including Jito Labs, Bitwise Asset Management, Multicoin Capital, VanEck, and the Solana Institute, who recently urged the SEC to allow the use of liquid staking tokens in proposed exchange-traded products (ETPs) for Solana (SOL). SEC Clarifies Liq...