Crypto Advocacy Group Urges SEC for Clear Guidance on Staking Regulation

A coalition of leading crypto advocacy organizations is urging the U.S. Securities and Exchange Commission (SEC) to provide clearer guidelines on how staking and related services should be regulated. The Crypto Council for Innovation’s Proof of Stake Alliance (POSA), representing nearly 30 influential voices in the industry, has sent a letter to SEC Commissioner Hester Peirce expressing concerns about the regulatory ambiguity surrounding staking. The group argues that staking, which secures blockchain networks, is not an investment vehicle and should be treated as such. ❌