SEC Throws a Crypto Party, But Only for the Well-Behaved š
In what can only be described as a plot twist worthy of a drawing-room drama, the U.S. Securities and Exchange Commission has declared that certain liquid staking activities and their associated tokens are *not* subject to federal securities laws-if they meet a list of criteria longer than my last shopping spree. This guidance, issued by the SECās Division of Corporation Finance, is essentially their way of saying, āWeāre watching you, but weāre not going to strangle you⦠yet.ā The goal? To separate administrative staking services from investment contracts. How civilized.