Crypto Council Sends Letter to SEC Seeking Clear Staking Rules
The Crypto Council for Innovation (CCI)’s Proof of Stake Alliance (POSA), along with 30 other major cryptocurrency exchanges, wrote a letter on April 30, 2025, pushing for clearer and more favorable regulations for cryptocurrency. The letter, addressed to SEC Commissioner Hester Peirce, responds to her request for public input on whether staking and liquid staking should fall under federal securities regulations.
In a letter, the group asserts that staking, similar to proof of work mining, should not be classified as an investment activity. Instead, it says that staking is a technical process that helps secure the blockchain. Participants validate transactions and help secure the network in exchange for rewards based on the amount of…