Senate Unveils Crypto Bill: Exemptions for Staking and Airdrops

The U.S. Senate Banking Committee has released a revised draft of its Crypto Market Structure bill, introducing key changes to clarify regulatory frameworks for digital assets. Notably, the updated version exempts activities like staking and airdrops from securities classification unless fraudulent (Section 101). This shift aims to protect developers by clarifying their legal standing in the DeFi space, while also streamlining regulatory oversight for decentralized infrastructure networks.