Crypto Industry Demands SEC Clarity on Staking—Before Another $2B in Yield Gets Stuck in Regulatory Limbo
Trade group turns up heat with formal request—because apparently ’come in and talk’ isn’t clear enough guidance for a $50B market.
Staking’s existential threat: Regulators keep treating yield-bearing crypto like unregistered securities—while TradFi gets to slap ’high-yield savings’ on worse products.
Bonus jab: Meanwhile, BlackRock’s Bitcoin ETF now holds more BTC than MicroStrategy... but sure, retail investors are the ones who need ’protection.’