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SEC says liquid staking activities and tokens are not securities

2025-08-05 20:05:58

Main Idea

The SEC's Division of Corporation Finance clarified that liquid staking activities and tokens are not securities, providing regulatory clarity for the crypto industry.

Key Points

1. The SEC announced on Aug. 5, 2025, that liquid staking does not classify the activity or tokens as securities.

2. SEC Chairman Paul Atkins emphasized the importance of clarifying crypto asset activities outside the SEC's jurisdiction through initiatives like Project Crypto.

3. Liquid staking is a key segment in the DeFi ecosystem, particularly for proof-of-stake blockchains like Ethereum and Solana.

4. Industry representatives, such as Rebecca Rettig from Jito Labs, welcomed the SEC's clarity, stating it aligns with long-awaited regulatory guidance.

5. The announcement is part of broader U.S. crypto regulatory efforts, including the SEC's Crypto Task Force and recent stablecoin legislation.

Description

US Securities and Exchange Commission does not consider certain liquid staking activities and tokens as securities, the agency has announced. The SEC’s announcement comes after the Commission’s Division of Corporation Finance stated the matter on Aug. 5, 2025. What has SEC said about liquid staking? According to the SEC’s press release, liquid staking, a process where crypto assets are staked to support blockchain network operations while remaining liquid for trading or other uses, does not make...

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