SEC Commissioner Caroline Crenshaw: New liquidity staking disclosures may not reflect reality and could exacerbate confusion

ChainCatcher News, SEC Commissioner Caroline Crenshaw stated that the new liquid staking statement fails to clarify the applicability of federal securities laws to crypto assets, instead exacerbating confusion. The statement is based on a series of assumptions that have not been validated by industry realities, and the legal conclusions only apply if these assumptions hold true.

Previously, the SEC released a statement regarding liquid staking activities, clarifying that liquid staking activities are not considered securities. The SEC stated that participants in liquid staking activities do not need to register their transactions with the SEC under the Securities Act, nor do they need to comply with the registration exemption provisions of the Securities Act regarding these liquid staking activities.