US SEC Commissioner Slams Agency’s Statement on Liquid Staking: “Muddies the Waters”
The American SEC Commissioner Caroline Crenshaw criticized a statement released Tuesday by the funding for the regulator’s companies, which greeted the position of the dry on liquid stantry activities, saying that this has created more confusion than clarity.
“Some things are better left not to be left,” started Crenshaw’s refutation, in which she argued that the staff press release “only blurring the waters” based on unaccomposed hypotheses.
Crenshaw said that the declaration creates a “wobbly wall of facts without anchor in the reality of the industry”, warning liquid sticking entities to proceed carefully: “Cavoir de liquid staker”.
The SEC personnel press release indicates that certain liquid development activities do not constitute values of securities, depending on how they are structured. President Paul Atkins described The Move as “not significant” in the decoration which activities of cryptographic assets do not fall under the jurisdiction of the agency.
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The SEC Commissioner, Hester Peirce, also published a comment after the agency’s declaration, arguing that liquid stammening is a familiar practice similar to the deposit of goods with an agent who issues receipts.
“Today’s declaration clarifies the point of view of the division according to which the liquid implementation activities in relation to the stimulation of the protocol do not imply the offer and the sale of titles,” wrote Peirce.
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What is liquid stretch, and why is it important?
The liquid milestone allows holders of Crypto-Greffe of the rewards by punctuating their assets while using a tokenized version (liquid stoves) to exchange, borrow or participate otherwise in Defi. It increases the liquidity and flexibility of proof networks, allowing more effective use of capital and wider access to stimulation advantages.
The liquid milestone quickly became an important segment of the cryptocurrency market, with nearly $ 67 billion locked on various protocols, based on Defilma data.
Currently, Ethereum dominates this space, representing about $ 51 billion in the total. The main liquid platforms include Lido Finance, rocket pool and ANKR, which have led to a large part of this growth by allowing users to put the assets while maintaining liquidity.
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