SEC Says Liquid Staking Doesn't Run Afoul of Securities Laws
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Participants in liquid staking, including depositors and providers, do not need to worry about securities law disclosures, the U.S. Securities and Exchange Commission said in a staff statement on Tuesday. The statement , published by the Division of Corporation Finance, is specific to liquid staking, where participants deposit "covered crypto assets" into a third-party staking protocol provider, which in turn provides receipt tokens to the depositors. Liquid staking allows users to lock up token...
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