The U.S. Securities and Exchange Commission (SEC) has released new FAQs to clarify its March interpretive release on digital assets, focusing on token functionality and staking. According to the SEC, services provided after a network’s launch are generally considered administrative rather than involving « essential managerial efforts. » This clarification aims to integrate staking and token-utility questions into the existing SEC crypto-asset framework, rather than introducing them as new asset classes. This move could influence the regulatory environment for crypto assets, particularly in how they are classified under federal securities laws.
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