SEC Liquid Staking Protocol Statement Is A ‘Significant Step Forward,’ Paul Atkins Says
Main Idea
SEC Chair Paul Atkins praises the agency's updated guidance on liquid staking protocols as a 'significant step forward,' highlighting the SEC's commitment to clear financial guidance and the progress of its Project Crypto initiative.
Key Points
1. SEC Chair Paul Atkins described the agency's updated guidance on liquid staking protocols as a 'significant step forward' in regulatory clarity.
2. Atkins emphasized the SEC's commitment to providing clear guidance on financial activities under his leadership.
3. The SEC's Project Crypto initiative aims to modernize regulatory approaches to blockchain and digital assets.
4. The initiative aligns with a broader shift in the federal government's stance toward cryptocurrency regulation.
5. Atkins' remarks suggest a more crypto-friendly regulatory environment, in line with the White House's recent focus on digital asset policy frameworks.
Description
United States Securities and Exchange Commission (SEC) Chair Paul Atkins called the federal regulator’s Division of Corporation Finance’s statement on liquid staking protocols a “significant step forward” on Tuesday. Paul Atkins Praises SEC Liquid Staking Statement In an August 5 statement , Atkins praised the SEC’s updated guidance, which claims that liquid staking activities do not constitute securities under certain circumstances. Under my leadership, the SEC is committed to providing clear g...
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