US SEC clarifies that some PoS staking activities do not constitute securities transactions

Odaily News According to crypto journalist Eleanor Terrett, the U.S. Securities and Exchange Commission’s Division of Corporation Finance clarified that staking activities on some Proof-of-Stake blockchains do not constitute securities transactions.
The new guidance follows guidance from March on some Proof-of-Work mining activities and covers self-staking, staking-as-a-service, and additional services such as slashing protection and custom rewards.
Hester Peirce, Commissioner of the U.S. Securities and Exchange Commission, said: “The provision of security is not itself a security.”