Crypto Council Challenges SEC’s Staking Regulations

The Crypto Council for Innovation has rallied over 30 major crypto firms to challenge the U.S. Securities and Exchange Commission’s (SEC) stance on staking regulations, which could significantly impact Ethereum and other Proof-of-Stake (PoS) networks. The council aims to demonstrate that staking is a technical process, not an investment activity, emphasizing the need for clearer regulatory guidelines to encourage responsible engagement by institutions within the U.S. crypto market.