SEC Greenlights Liquid Staking: No Securities Violation Found
The SEC just dropped a bombshell—liquid staking protocols aren't securities. Finally, some regulatory clarity in this Wild West of DeFi.
Why it matters: This decision could turbocharge adoption. No more legal gray area hanging over stakers' heads like a Sword of Damocles.
The fine print: While the SEC gave the all-clear, they're still watching like hawks. One commissioner muttered about 'potential investor risks'—because what's finance without a little performative hand-wringing?
Bottom line: TradFi lawyers will bill countless hours trying to reverse-engineer this logic. Meanwhile, DeFi builders are already shipping the next iteration. Game on.