Proof-of-Work Doesn’t Violate Securities Law — TradingView News
The US Securities and Exchange Commission (SEC) clarified its stance on proof-of-work (PoW) cryptocurrency mining, ruling that it does not constitute securities trading under US law.
This statement provides long-awaited clarity for crypto miners and the broader blockchain industry, confirming that mining activities do not fall under securities regulations when conducted on public, permissionless networks.
The decision could have significant implications for Bitcoin, Dogecoin, and other PoW-based cryptocurrencies. Proof of Work (PoW) is a consensus mechanism used in cryptocurrency mining to validate transactions and add new blocks to a blockchain.
In a statement released today (Thursday), the SEC’s Division of Corporation Finance…
