Innovation Cross Council Make With the US Securities and Exchange Committee, saving is not only a virtue for digital asset markets, but must be suspended from the securities regulator.
Group-Alliance of Interesting Interests, including KAKEN, A16z, Lido, Galaxy, Figment, Polychain and Paradigm-argued in a letter to the agency’s Crypto’s CRYPTO work band that the logic behind the last SEC statement should extend until the “Crypto Mining Guide” does not ignore.
“Stakers, such as POW miners, are compensated, based on specific results of the protocol, not administrative procedures or profit sharing arrangements,” according to the letter Coinsk.
When users share their coins, they agree to be imprisoned for a certain period of time to participate in Blockchain, and they get a return for that. Those who share their encryption assets on the protocols “Proof of Creativity”, provide “valuable technical services”, and the resulting bonuses are not negative investment gains, as the group confirms.
Read more: Crypto Staking 101: What is interest?
CCI View contradicts the previous SEC position, when the enforcement employees targeted the implementation of former President Gary Ginserler, such as in Permanent kings settlement With the agency as well as other cases, including One involves consensys. SEC has also banned the taste of the ETFS (ETHEREUM) (ETHEUM) (ETHEMM) (ETHEUM) (ETHEM) (ETHEM), where she reviewed applications for those products in 2024.
SEC’s CCI letter requested the directives as it was done to Memecoin, mining stadiums, and some STABLECOIN exporters, announcing that their activities are outside the agency’s legal concern. Although these phrases are not binding – not even as official guidelines – they are intended as signs to set the limits of the current thinking of the regulatory.
“At the local level, the securities organizers of some countries continue to enter entry procedures,” according to the coalition. “The guidance of the committee can help send a clear signal that at least at the federal level, the United States adopts sound instinct regulations that support innovation and according to the restrictions of securities laws.”
Since the beginning of the administration of President Donald Trump, the Supreme Education Council has generally taken a more friendly position towards digital assets. New President Paul Atkins He indicated in his first general event On Friday – a round coding table – it is open to rethink how the agency deals with encryption work.
The encryption companies are not alone in the search for a new direction in residence. In February, American Senate members sent a message to the organizer calling for this Reconsidering its opposition To give up the investment funds circulated in the industry.
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