The new US Securities and Exchange Commission (SEC) guide to cryptocurrency staking is widely seen as a major win for the crypto industry and the pushing towards worldwide regulation of digital assets.
On one May 29 statementThe Sec’s Division of Corporation Finance said “Protocol Staking Protocol Activities” such as cryptocurrencies Staked In a proof-of-stake blockchain “there is no need to register with commission transactions under the Securities Act.”
The agency’s new guidance is marked with a “main step forward” for the US cryptocurrency industry, said Alison Mangiero, head of staking policy at the Crypto Council for Innovation.
“The SEC now recognizes what we’ve long been fighting for: Staking is a major part of how modern blockchains work, not an investment contract,” he told Cointelegraph.
“That clarity is critical.”
Observers in the crypto industry have long been advancing for clearer guidelines for staking.
In April, the proof project of the CCI Stake Alliance led to a coalition of nearly 30 organizations to submit a detailed letter to the SEC’s Task Task force, outlining that a non -custodial or custodial staking service provider was “different from investment contracts.”
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“The SEC opened the door to smarter regulations,” Mangiero said, adding that it was a “win for stakers and a broader crypto community.”
However, industry participants are still waiting for the approved first ether (Eth) Staking etf. On May 21, the Delayed by Sec Deciding on the Bitwise application to add staking to its ETF ETF, including its decision on Grayscale’s XRP (XRP) Etf.
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Sec Guidance marks the “known shift”
The new SEC guide is marking a “known shift from previous implementation techniques,” said Marcin Kazmierczak, co-founder and chief operation official with blockchain Oracle firm Redstone.
“It represents true development towards the clarity of regulation, but it is evolutionary rather than revolutionary,” he told Cointelegraph.
“The foundation is placed for more comprehensive crypto regulations, with the approval of the ETF which is becoming increasingly possible in late 2025,” Kazmierczak added.
The establishment of the focus on the SEC Crypto Task Force On January 21 marked another step away from the previous regime of heavy implementation. The Task Force, led by Commissioner Hester Peirce, is preparing to release its first report on regulations during the “next few months,” SEC Paul Atkins said at a hearing of May 20.
The new guidance comes after years of CCI’s stake alliance proof of the CCI staking policy manufacturers about the importance of cryptocurrency staking.
“We continue to argue that protocol staking is not an investment activity -this is a major function of how modern blockchains work,” Mangiero said, adding that the new SEC guide is a significant development towards “recognizing the difference.”
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