On May 30, according to reporter Eleanor Terrett, who specializes in cryptocurrency news, the U.S. Securities and Exchange Commission (SEC) officially clarified that certain Staking activities on blockchains using Proof-of-Stake (PoS) consensus mechanisms are not considered securities transactions under current regulations.
This information was provided by the Division of Corporation Finance of the SEC, as part of the latest guidance aimed at clearly defining the scope of securities law for blockchain-related activities. This guidance not only addresses self-Staking but also includes Staking-as-a-service provided by third parties, as well as supplementary services such as Slashing protection and custom rewards.
Previously, in March this year, the SEC also issued guidance related to certain cryptocurrency mining activities under the Proof-of-Work (PoW) model, indicating that the agency is gradually clarifying regulations related to various operating models in the cryptocurrency space.
SEC Commissioner Hester Peirce also made a statement reinforcing this position: "Providing security for the network does not mean it is a type of security." This statement reflects her consistent view of protecting technological innovation and limiting the excessive application of traditional securities regulations to decentralized activities.
The new guidance from the SEC is expected to provide more clarity for blockchain projects, developers, and investors operating in the Staking field - an important component of the Proof-of-Stake ecosystem, thereby helping to promote transparent development and legalization of Staking services in the United States.
