The Crypto Council for Innovation (CCI)’s Proof of Stake Alliance (POSA), along with 30 other major cryptocurrency exchanges, wrote a letter on April 30, 2025, pushing for clearer and more favorable regulations for cryptocurrency. The letter, addressed to SEC Commissioner Hester Peirce, responds to her request for public input on whether staking and liquid staking should fall under federal securities regulations.
In a letter , the group asserts that staking, similar to proof of work mining, should not be classified as an investment activity. Instead, it says that staking is a technical process that helps secure the blockchain. Participants validate transactions and help secure the network in exchange for rewards based on the amount of cryptocurrency they stake.
The group also mentions that while there are technical risks involved, these risks are inherent in the staking process itself and not the result of a financial investment. They advocate for responsible inclusion of staking in exchange-traded products (ETPs) and against overly prescriptive rules that could stifle innovation.
The letter also talks about how the other countries, like Canada and the United Kingdom, have already provided regulatory clarity on staking. The SEC itself made a statement regarding mining activities back in March. The CCI is now urging the SEC to follow suit and clarify the regulatory framework around staking services.
