Expert Applauds SEC’s Protocol Staking Clarity, Boosting Crypto Innovation
Posted On June 2, 2025
Experts commend the SEC’s statement clarifying that protocol staking on proof-of-stake networks does not constitute securities, fostering crypto innovation.
What Happened: The Division of Corporation Finance’s guidance specifies that staking activities on public, permissionless PoS networks, termed “Protocol Staking” are not investment contracts under the Howey test, as they lack entrepreneurial or managerial efforts from third parties.
Speaking with Benzinga, Kevin Liu, co-founder and CEO of GOAT Network, hailed the SEC’s stance as a “welcome advancement” for the crypto industry.
He noted that …
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