The U.S. Securities and Exchange Commission (SEC) has issued clarification, stating that certain Proof of Stake (PoS) activities are not considered securities trading. Following a previous statement addressing mining activities using the Proof of Work (PoW) model, the SEC’s position on PoS has been determined, affirming that these activities do not involve offers and sales of securities. The SEC clarifies that individuals engaging in PoS activities are not obligated to register their transactions with them under the Securities Act. Additionally, these activities are exempt from registration provisions outlined by the Securities Act pertaining to mining activities.