Crypto Advocacy Groups Push for Clearer Staking Regulations Amid SEC Scrutiny

A coalition of 30 crypto advocacy groups, led by the Crypto Council for Innovation, has formally requested the U.S. Securities and Exchange Commission (SEC) to provide clearer regulatory guidelines for staking and staking services. This move comes in response to the SEC’s recent call for public input on whether staking activities should fall under federal securities laws. The joint submission, addressed to SEC Commissioner Hester Peirce, underscores the growing need for regulatory clarity in the rapidly evolving cryptocurrency sector, particularly as platforms like Coinbase continue to expand their staking services.

Crypto Advocacy Groups Urge SEC for Clarity on Staking Regulations

A coalition of 30 crypto advocacy groups, spearheaded by the Crypto Council for Innovation, has formally requested the Securities and Exchange Commission to clarify regulatory guidelines for staking and staking services. The move follows the SEC’s recent solicitation of public input on whether staking activities should be classified under federal securities laws.

The joint submission, addressed to SEC Commissioner Hester Peirce, argues against treating staking as a securities activity. This push for regulatory clarity comes as the industry grapples with evolving oversight of CORE blockchain infrastructure.

Notably, the Proof of Stake Alliance—comprising major players like Coinbase, the Ethereum Foundation, and ConsenSys—contends that staking represents a fundamental technological process rather than a securities offering. The outcome could significantly impact proof-of-stake networks and service providers.

U.S. Government May Invest $100 Billion in Bitcoin, Says Coinbase Executive

Sebastian Bea, President of Coinbase Asset Management, suggests the U.S. government could soon allocate $100 billion to Bitcoin. The move, while speculative, hinges on a potential revaluation of gold reserves—currently priced at 1973 levels—to free up capital without increasing debt or money supply.

Market participants are scrutinizing the implications of such a large-scale institutional adoption. Bitcoin’s role as a treasury asset would mark a seismic shift in global financial strategy, echoing earlier debates about cryptocurrency as a reserve asset.