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Blockchain groups press SEC on staking and secondary trading as FCA moves to define DeFi

Published Source: CryptoPolitanRead original

Crypto Insight Summary: The SEC has been asked by a total of six blockchain organizations to categorize digital commodities as non-securities. Also, they’ve asked the SEC to make the rules for staking and secondary trading clear. This comes even as the SEC’s comment period ended and two DeFi consultations were opened by the UK’s FCA. Six networks want... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory clarity may benefit crypto markets but immediate impact is limited.

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