SEC Unveils New Guidance on Crypto Staking, Sparks Controversy

The US Securities and Exchange Commission (SEC) has published updated guidance that suggests certain crypto staking services might not qualify as securities under federal law. This move has sparked controversy both internally and externally, leaving the future of digital asset regulation in flux. The SEC’s latest guidance comes amid a growing shift towards more flexible ETF structures for crypto assets like Bitcoin, sparking debate about the role of the regulator in navigating this rapidly evolving landscape.