SEC Staff Issues Statement on Proof-of-Work Crypto Mining Activities
By EsqSocial Corporation 25/03/25
The Staff of the SEC's Division of Corporation Finance issued a statement clarifying that mining crypto assets on proof-of-work networks does not involve the offer and sale of securities and does not require registration with the SEC. The Statement applies only to crypto assets intrinsically linked to the functioning of public, permissionless networks and used for participating in consensus mechanisms or maintaining network security....
By: Dechert LLP