Crypto Industry Group Urges SEC to Clarify Its Stance on Staking

Mars Finance News, on May 27, according to Cointelegraph, Allison Muehr, the staking policy lead at Crypto Council for Innovation, stated that cryptocurrency industry groups are urging the U.S. Securities and Exchange Commission (SEC) to issue formal guidance on staking, as Web3 infrastructure providers continue to face ongoing regulatory uncertainty. At the Solana Accelerate conference in New York, Muehr said that clarifying the SEC's stance on staking has become a top priority for the crypto industry. "We have completed about 25% of the progress," Muehr said, "Over the past four months, the SEC's constructive interaction with us has exceeded the past four years, but we still have not received official staking guidance."