Crypto Coalition Tells SEC Staking Is 'Essential Good,' Not a Security

The Crypto Council for Innovation is making a case with the U.S. Securities and Exchange Commission that staking is not only a virtue for digital asset markets, but it should be hands-off for the securities regulator.The group — a coalition of staking interests, including Kraken, a16z, Lido, Galaxy, Figment, Polychain and Paradigm — argued in a letter to the agency's crypto task force that the logic behind the SEC staff's recent statement that "proof-of-work" crypto mining isn't a securities transaction under the agency's jurisdiction, should extend to the practice of staking, pulling it out of the securities bucket source: https://www.coindesk.com/policy/2025/04/28/crypto-coalition-tells-sec-staking-is-essential-good-not-a-security