Crypto Council for Innovation calls on SEC to clarify staking rules
A coalition of 30 crypto advocacy groups, led by the Crypto Council for Innovation, has urged the Securities and Exchange Commission to clarify regulations on staking and staking services.
In response to the SEC’s recent call for public input on whether staking and liquid staking should fall under federal securities laws, the coalition submitted a joint letter outlining why they believe staking should not be treated as a securities activity.
The letter, addressed to SEC Commissioner Hester Peirce, comes amid growing calls from the crypto industry for regulatory clarity around core blockchain infrastructure.
The group, coordinated through the Council’s Proof of Stake Alliance, which counts Coinbase, the…