Category: News

SEC Endorses Crypto Staking as Non-Security Activity in Landmark Guidance

On May 29, the SEC’s Division of Corporation Finance provided its views on staking on networks that use proof-of-stake as a consensus mechanism. The Division concluded that protocol staking activities do not constitute securities offerings under federal securities laws and no registration is required. “Accordingly, it is the Division’s...
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FTX Repayments May Have Positive Market Impact: Coinbase

The FTX Recovery Trust will begin distributing over $5 billion in cash and stablecoins to creditors starting on Friday, with funds expected to land in accounts within the next three business days via BitGo and Kraken. And there’s a chance this wave of repayments will help lift the crypto...
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