Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
Chairman Paul Atkins of the United States Securities and Exchange Commission (SEC) referred to the statement from the federal regulator’s Division of Corporation Finance regarding liquid staking protocols as a “significant step forward” on Tuesday.
Paul Atkins Commends SEC Liquid Staking Statement
In a statement released on August 5, Atkins commended the SEC’s revised guidance, which asserts that liquid staking activities do not qualify as securities under specific conditions.
Under my leadership, the SEC is dedicated to offering clear guidance on the application of federal securities laws to emerging technologies and financial activities. https://t.co/KdIA8RAbVq pic.twitter.com/inUB1asKay
— Paul Atkins (@SECPaulSAtkins) August 5, 2025
“Under my leadership, the SEC is dedicated to offering clear guidance on the application of federal securities laws to emerging technologies and financial activities,” stated Chairman Paul S. Atkins.
“Today’s staff statement on liquid staking represents a significant advancement in clarifying the staff’s perspective on crypto asset activities that do not fall under the SEC’s jurisdiction,” he continued. “I am pleased that the SEC’s Project Crypto initiative is already yielding results for the American populace.”
Project Crypto Initiated At SEC
Related Posts
Atkins’ comments follow the federal agency’s announcement of a new initiative named “Project Crypto” at the America First Policy Institute in Washington, D.C., last Thursday.
As per Atkins, the objective of the blockchain-centric initiative is to “modernize the securities rules and regulations to enable America’s financial markets to transition on-chain.”
“The SEC will not passively observe as innovations flourish abroad while our capital markets remain stagnant,” Atkins remarked. “We are on the brink of a new era in the history of our markets.”
The blockchain-focused initiative contrasts sharply with the agency’s earlier regulation-by-enforcement strategy regarding the digital asset sector and aligns with a more crypto-supportive White House.
Just last week, the President’s Working Group on Digital Asset Markets published its pivotal report offering clear recommendations for federal agencies to develop policy frameworks favorable to digital assets.
Overall, Atkins’ statements reflect a broader transition within the SEC towards regulatory clarity and innovation, bringing the agency into closer alignment with the federal government’s evolving perspective on cryptocurrency as a whole.
The post SEC Liquid Staking Protocol Statement Is A ‘Significant Step Forward,’ Paul Atkins Says appeared first on Cryptonews.
