SEC Clarifies Rules for Staking Tokens and Crypto Projects

The US Securities and Exchange Commission (SEC) has issued new guidance on cryptocurrency asset rules for staking tokens and projects. On September 25, the SEC Division of Corporation Finance released an updated FAQ document explaining how certain crypto activities may not create investment contracts under existing federal securities laws.

The guidance focuses on whether specific actions involve ongoing managerial efforts linked to investment expectations. It highlights conditions that may affect how digital assets are treated under securities laws.

According to the SEC staff, some crypto assets can operate as digital tools rather than securities. The analysis depends on each digital asset's structure, purpose, and operation.