SEC clarifies that certain liquid staking activities in cryptocurrency do not qualify as securities offerings

Description

The U.S. Securities and Exchange Commission (SEC) has issued a statement clarifying its position on certain liquid staking activities and associated tokens. The statement has been touted as a positive step in the right direction for the SEC as it forged ahead with its goal of providing regulatory clarity for the crypto industry, particularly where DeFi platforms and liquid staking protocols are concerned. BREAKING: SEC says liquid staking and tokens are NOT securities; no registration needed. pi...