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major victory for crypto: SEC flips script on liquid staking?! SEC’s “Project Crypto” aims to outshine in the crypto jungle 🚀
wait does this mean SOL is going to the moon?! 🚀🌕 what’s next, ETFs for meme coins?? 😵
pattern: regulatory clarity improves market sentiment and fosters innovation within the crypto industry.
By issuing guidelines for liquid staking activities and emphasizing the creation of
In a significant move for the cryptocurrency industry, the SEC issued new guidelines for liquid staking activities. This follows efforts by industry leaders like Jito Labs and Bitwise Asset Management to negotiate ETPs for Solana (SOL). The SEC clarified how federal securities laws apply to liquid staking, emphasizing the generation of “liquid stake receipt tokens.” President Paul S. Atkins highlighted the SEC’s commitment to clear regulatory guidance and innovation-friendly frameworks. The SEC’s “Project Crypto” aims to position the U.S. as a leader in the crypto landscape.
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