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US SEC Approves Ethereum and Solana Staking Services
Summary: According to Decrypt, the US Securities and Exchange Commission (SEC) has issued a statement officially exempting Ethereum's Lido and Solana's Jito liquidity staking protocols from securities laws. This decision sets a regulatory precedent for non-custodial staking in the decentralized finance (DeFi) sector. Data shows that Lido currently manages over 30% of staked ETH, while Jito ...
According to Decrypt, the US Securities and Exchange Commission (SEC) has issued a statement officially exempting Ethereum's Lido and Solana's Jito liquidity staking protocols from securities laws. This decision sets a regulatory precedent for non-custodial staking in the decentralized finance (DeFi) sector. Data shows that Lido currently manages over 30% of staked ETH, while Jito is a core service provider for Solana's ecosystem staking and MEV infrastructure. The SEC's decision is seen as a continued advancement of the Project Crypto initiative.
