BCT$ Bitcoin is quiet this week.
But crypto regulation in the United States is not.
The Securities and Exchange Commission (SEC) just released new questions and answers about crypto.
And there is one point worth paying attention to:
STAKING receipt tokens.
Under the specific circumstances described by SEC staff:
๐น They can simply prove ownership of the underlying asset
๐น The token itself does not generate staking yields
๐น It does not guarantee yields
๐น It does not determine the yield rate
Important:
This is not a new law.
And it is not a new rule issued by the SEC either.
But it sends an interesting signal.
But crypto regulation in the United States is not.
The Securities and Exchange Commission (SEC) just released new questions and answers about crypto.
And there is one point worth paying attention to:
STAKING receipt tokens.
Under the specific circumstances described by SEC staff:
๐น They can simply prove ownership of the underlying asset
๐น The token itself does not generate staking yields
๐น It does not guarantee yields
๐น It does not determine the yield rate
Important:
This is not a new law.
And it is not a new rule issued by the SEC either.
But it sends an interesting signal.