The SEC clarifies that certain cryptocurrency liquid staking activities are not securities offerings, marking progress in providing clearer guidance on digital asset regulation. Liquid staking involves staking digital assets and receiving a “liquid staking receipt token.” Total value locked in liquid staking protocols nears $67 billion, with Ethereum accounting for $51 billion. SEC Chair Paul Atkins leads a pro-crypto approach, launching Project Crypto to overhaul cryptocurrency trading regulations and easing burdens on ETFs. Sweeping policy reforms in the US crypto industry aim to make digital assets more accessible, including the passage of the GENIUS Act and approval of anti-CBDC legislation.

Read more at CoinTelegraph: SEC Says Certain Liquid Staking Activities Fall Outside of Securities Laws