Trump SEC guts Gensler-era crypto staking policy and opens door to ETFs – DL News
- The SEC says many crypto staking services aren’t securities offerings.
- Ethereum and Solana staking ETFs are already live in Europe.
- Over 70 crypto ETFs are awaiting SEC review.
In President Donald Trump’s second term, the US Securities and Exchange Commission has been busy dismantling Gary Gensler’s crypto doctrine one rule at a time.
On Thursday, the SEC’s Division of Corporation Finance knocked down the latest domino — staking.
The unit clarified that solo staking, delegated staking, and even some forms of staking-as-a-service do not constitute securities offerings, the agency said in a statement.
It’s a major policy reversal from the previous Gensler-led commission, which aggressively pursued centralised staking providers…