simply
- The Cryptographic Innovation Council asked the SEC to clarify that Stay King was not an investment activity.
- In a public letter, it urged alignment with the previous SEC position for mining, stable coin and memo coin.
- We also proposed an industry standard for transparency and user control of the staying service.
The alliance of major encryption companies clearly stipulates that the US Securities and Exchange Commission (SEC) is that encryption steaking and related services are not under securities regulations.
at Open letter Wednesday, Wednesday, SEC Crypto Task Force, Crypto Innovation Council, and the project of the umbrella project, POSA (Stake Alliance).
Encryption Staying is a process in which a user locks the token that helps users to verify and protect the network or participate in the operation of the steak block chain through “Stay King”. In return, the participants are rewarded for Staying.
Coalition, supported by companies such as consensys, KRAKEN, AVA LABS and GALAXY, said that the United States should adopt a provision that urges the US to support innovation and issue an open statement for the SEC to clarify its position.
“ASK is simple: Principle -based guidelines for staying and staying services similar to SEC’s recent SEC name The council said in a statement.
“The goal is to protect the user while enabling the growth of the stage King industry, which is important for the function of the POS blockchain network.”
Clearness for all
This request leads to a wide range of efforts to create a regulation clarity for the Crypto Task Force of the Crypto Task Force. Below before Gary Gensler, Chairman of the Gary Gensler, has been criticized for being considered regulations by many people in the encryption industry.
But the change in leadership Recent promise Paul Atkins of the regulators turned to the Trump undernight administration. There is atkins The distance was far away He accused the previous SEC regime that it interferes with innovation.
There is a SEC Fell Or we have not pursued many famous cases of encryption companies Round table series Collect feedback from industry stakeholders.
The letter of Crypto Council also briefly describes the framework for the staying service provider, including the clear user disclosure, the transparency of how the reward is distributed, and the confidence that the user maintains control of the steak assets.
edit Sebastian Sinclair
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