The U.S. Securities and Exchange Commission (SEC) has announced that liquid staking activities are not subject to securities regulations, eliminating a significant uncertainty for the crypto sector.
As part of its crypto-friendly regulatory approach, the SEC clarified in a newly published guideline that users engaging in liquid staking and platforms offering these services will not require registration under securities laws. The commission specifically highlighted that staking receipt tokens are not securities provided they do not constitute investment contracts.
According to experts, this decision may ease liquidity management in Ethereum-based spot ETFs, potentially paving the way for their approval. Additionally, the ruling could serve as a precedent for other crypto assets, including cross-chain tokens.
This move by the SEC is expected to decrease regulatory uncertainty and facilitate the launch of new crypto-related financial products.