The SEC has released new FAQs clarifying its March interpretive release on digital assets, easing how it treats token functionality and staking. The agency says services performed after a network launches generally count as administrative work, folding staking questions into its existing crypto-asset framework rather than creating a new category.
The SEC has published new FAQs clarifying its March interpretive release on digital assets, with the update aimed at token functionality and staking. According to the SEC, services provided after a network's launch are generally considered administrative rather than "essential managerial efforts."
The clarification folds staking and token-utility questions into the SEC's existing crypto-asset framework, rather than introducing them as a new asset class. The move could influence the regulatory environment for crypto assets, particularly how they are classified under federal securities law.
The update appears to create a more favorable regulatory environment for crypto assets, suggesting less stringent classification for certain staking activities, according to the report. Markets will watch how stakeholders such as Coinbase executives respond, and whether Base or Coinbase make any formal announcements on token plans.
Source: Crypto Briefing
Trading involves risk.
Risk Disclaimer
