The US SEC has issued new guidelines stating that pledging ETH voucher tokens does not constitute securities under certain conditions

--

The US Securities and Exchange Commission's Corporate Banking Department has issued new guidelines clarifying that token tokens obtained by users pledging ETH do not constitute securities when their function is purely receipts. The guidelines stipulate that tokens cannot change the rights of the pledged ETH or increase additional rewards, and service providers are not allowed to lend, pledge, or reuse deposited tokens. This regulation is in contrast to Kraken's $30 million fine and shutdown of US staking services in 2023 for promoting returns. The document points out that announcing a repurchase when the network is operational does not constitute a security commitment, and it may still constitute a repurchase when the network is not yet completed. (Source: BeInCrypto)

24/7 Flashes

More >
Today 2026-09-26
08:41

Strive launches ETF to invest in preferred stocks of Bitcoin vault companies

08:39

The US Commodity Futures Trading Commission allows tokenized assets to be used for customer fund compliance and recognizes blockchain record keeping

08:35

Bitwise and Franklin Templeton's XRP ETF clients buy $22.65 million in XRP

08:15

Armani Ferrante plans to tokenize the entire stock market and introduce Solana

08:07

Bitcoin exchange net outflow of $2.52 billion, spot ETF net inflow of $1.25 billion in three days