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SEC Staff: Some Staking Activities Are Not Securities


The SEC’s Division of Corporation Finance has clarified that defined protocol staking on proof-of-stake networks does not constitute a securities offering under federal law. SEC Staff Clarifies Protocol Staking Not a Security for Covered Crypto Assets on PoS Network The U.S. Securities and Exchange...

Crypto vulnerable if CFTC not given authority, says ex-chair Behnam


Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority.In a May 28 Bloomberg TV interview, Behnam sided with the crypto industry on its long-standing argument that cryptocurrencies...

Crypto vulnerable if CFTC not given authority, says ex-chair Behnam


Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority.In a May 28 Bloomberg TV interview, Behnam sided with the crypto industry on its long-standing argument that cryptocurrencies...

Fungible cryptos in secondary sales are not securities, Ripple tells SEC


Ripple, the blockchain company behind XRP, argued that fungible cryptocurrencies are not securities when transferred in secondary transactions in a recent letter sent to the US Securities and Exchange Commission (SEC).In its May 27 letter, Ripple cited US attorney and crypto law thought leader...

Altcoin ‘wildfire’ inbound as trader shuts down bear market fears


A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms.“I don’t understand why people start claiming that a bear market is around the corner,”...

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