US SEC Says Protocol Staking on Proof of Stake Networks Not Securities

Monicah W

The U.S. Securities and Exchange Commission (SEC) clarified on May 29, that certain protocol staking activities on proof-of-stake (PoS) blockchain networks do not qualify as securities offerings. The Division of Corporation Finance stated that staking on PoS networks, including related services, is not subject to federal securities laws registration or exemptions. US SEC Clarifies Staking Activities Are Not Securities According to the US SEC’s Division of Corporation Finance, participants in specific protocol staking activities do not need to register transactions with the Commission under the Securities Act. The guidance applies to self-staking by node operators, self-custodial staking with third parties, and custodial staking arrangements where a custodian stakes on behalf of asset owners. Per the Division, staking rewards are compensation for the services node operators provide the network. These payments do not represent profits that others earn through being an entrepreneur or manager. As a result, staking is not covered… Read More at Coingape.com

The post US SEC Says Protocol Staking on Proof of Stake Networks Not Securities appeared first on CoinGape.

Related Posts

Trump to Speak at First-Ever Crypto Summit as Market Shows Signs of Recovery

Trump's WLFI Buys $10M in Ethereum Despite Losses - Here's Why

The post Trump to Speak at First-Ever Crypto Summit as Market Shows Signs of Recovery appeared first on Coinpedia Fintech News

Donald Trump will speak at the Digital Asset Summit (DAS) in New York on March 20, notably, this will be the first time a sitting U.S. president has ever joined a crypto conference.

Just recently, Donald Trump hosted the inaugural White House Crypto Summit. While the crypto community wasn’t thrilled with the outcomes, the event delivered key updates on the US Bitcoin Reserve and shed light on the government’s current approach to crypto regulation.

Could Be A Pre-recorded Message

The announcement comes after Bo Hines, Executive Director of the White House’s Council of Advisers on Digital Assets, spoke at DAS this week, hinting at plans to stockpile Bitcoin for a new strategic reserve. “It’s high time that our president started accumulating assets for the American people, which is what President Trump is doing rather than taking it away,” Hines told the crowd on Tuesday.

Some reports suggest that Trump’s appearance at the event may not be live, with some sources hinting at a pre-recorded message instead. Regardless, this still marks a historic moment as the U.S. president is set to formally address a crypto conference.

Key Discussions

At the event, discussions will center on Bitcoin’s adoption by institutions, regulatory updates, and the future of the crypto market. Trump is expected to outline his administration’s next steps on Bitcoin.

FOX business journalist Eleanor Terrett also shared that multiple sources at the DAS Conference have clarified that President Trump is planning to livestream into the event either today or tomorrow to address the audience. 

https://twitter.com/EleanorTerrett/status/1902445688245321981

Top Lawmakers To Feature

The summit will bring together top lawmakers like Representatives Ro Khanna and Tom Emmer, along with industry giants like MicroStrategy’s Michael Saylor and Ripple CEO Brad Garlinghouse. Michael Saylor will give a keynote speech and join a discussion with BTC historian Pete Rizzo. Bloomberg ETF analyst James Seyffart will moderate a panel with key players, including Robbie Mitchnick, Head of Digital Assets at BlackRock, and Giang Bui, Head of U.S. Equities & Exchange-Traded Products at Nasdaq.

Ripple-SEC Lawsuit Ends

In a remarkable update, Garlinghouse revealed today that the SEC has dropped its appeal in the XRP lawsuit, marking a major victory for Ripple and the crypto industry.

The crypto market has been showing signs of recovery this week, following a period of volatility. Besides, the Federal Reserve announced today that it won’t be making any immediate rate cuts. However, the central bank has plans for two rate cuts later this year, which could influence financial markets, including crypto.

The post Trump to Speak at First-Ever Crypto Summit as Market Shows Signs of Recovery appeared first on Coinpedia Fintech News
Donald Trump will speak at the Digital Asset Summit (DAS) in New York on March 20, notably, this will be the first time a sitting U.S. president has ever joined a crypto conference. Just recently, Donald Trump hosted the inaugural White House Crypto Summit. While the crypto community wasn’t thrilled with the outcomes, the event …

Bybit Expands Into US Stocks and Commodities to Attract Institutional Investors

Crypto exchange Bybit is broadening its scope beyond digital assets as it prepares to launch new trading options, including US equities, commodities, and indices.

The exchange, known for its crypto leverage products, aims to introduce these offerings before the end of the current quarter.

Trump-Era Pro-Crypto Policies Fuel Bybit’s Move Into Equities

On May 3, Bybit CEO Ben Zhou confirmed the development during a Livestream event. He noted that users will soon be able to trade instruments such as gold, crude oil, and leading US stocks like Apple and MicroStrategy.

These additions significantly shift Bybit’s product strategy and reflect the platform’s ambition to serve a wider set of retail and institutional investors.

The trading features will integrate with Bybit’s current infrastructure. This includes the MetaTrader 5 (MT5) platform, which already supports leveraged gold trading. Users can access up to 500x leverage on select instruments, a feature that appeals to high-risk traders.

Notably, gold and oil trading have been available on the platform in a limited form. So, adding US stocks poses a more direct challenge to platforms like Robinhood, which merge crypto with traditional finance.

Meanwhile, Bybit’s move reflects a larger trend in the financial industry where the boundaries between crypto-native platforms and traditional brokerages are becoming less defined.

In recent months, several traditional trading platforms have signaled interest in offering crypto products. At the same time, exchanges like Bybit are adding traditional assets to match investor demand.

The shift also follows growing policy support for digital assets under President Donald Trump’s current administration.

Trump has adopted a more favorable stance toward crypto innovation. This has resulted in a policy environment that is driving firms like Bybit to diversify and remain competitive.

Meanwhile, this product expansion move follows a major security breach in February. The platform was recently targeted in an exploit that resulted in the theft of 500,000 ETH, valued at approximately $1.5 billion.

Zhou acknowledged that a portion of the stolen funds—roughly 28%—have become untraceable due to the attacker’s laundering efforts. However, the exchange is working with the broader community to trace the remaining funds.

Bybit's Trading Volume.
Bybit’s Trading Volume. Source: BeInCrypto

Despite this setback, Bybit appears to be regaining momentum.

According to data from BeInCrypto, user activity and trading volume are climbing back to levels seen before the exploit, suggesting that confidence in the platform is returning.

The post Bybit Expands Into US Stocks and Commodities to Attract Institutional Investors appeared first on BeInCrypto.