SEC staff is drawing a sharper line around staking receipt tokens: if they mainly prove ownership of deposited assets, they may fall outside Howey’s reach. But the guidance is narrow, fact-specific, and no blanket safe harbor for crypto.
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DeFi just absorbed another hard hit and, somehow, the broader market barely noticed: roughly $300 million was raised for Kelp’s rsETH holders after an exploit, while ETH’s price stayed largely unchanged. That’s both impressive and a little unsettling. It shows the ecosystem can move fast when trouble hits, but it also reminds everyone that “trustless” […]
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Liquid Staking Hits XRP Ledger: Decoding mXRP and Its Promise for Investors Midas, in collaboration with Axelar, has rolled out mXRP, the pioneering liquid staking token on the XRP Ledger, aiming to supercharge XRP’s role in decentralized finance (DeFi) with yields up to 10%. While this marks a bold step forward for XRP’s utility, it’s […]
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SEC Rules Liquid Staking Tokens May Not Be Securities: Conditions and Project Crypto Insights The U.S. Securities and Exchange Commission (SEC) has dropped a significant update for the crypto world: liquid staking protocols and their associated receipt tokens might not be classified as securities under certain strict conditions. Alongside this, SEC Chairman Paul Atkins unveiled […]
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Jito Labs Challenges SEC to Approve Solana Liquid Staking Tokens for ETPs Picture this: earning passive income from Solana without your funds being stuck in limbo. Jito Labs, together with industry giants like Bitwise, Multicoin, VanEck, and Solana Institute, is throwing down the gauntlet with a petition to the SEC to approve Solana liquid staking […]
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