Crypto industry pressures SEC for staking rules amid new market opportunities

The crypto industry is pushing hard for clear staking rules. Thirty major companies just teamed up to demand that the SEC issue formal guidance on staking services.

This coalition includes heavy hitters such as Coinbase, Kraken, Galaxy, and Consensys – all coordinated by the Crypto Council for Innovation. They want the SEC to treat staking like it recently treated crypto mining: hands-off.

The timing is very important. SEC Acting Chairman Mark Uyeda launched a new Crypto Task Force led by Commissioner Hester Peirce, nicknamed “Crypto Mom” for her industry-friendly stance.

This marks a complete 180 from the previous administration under Gary Gensler, who went after staking providers with enforcement actions. Companies like Kraken…

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