Crypto Council Urges SEC for Clarity on Staking Amid Regulatory Uncertainty for Solana

On May 27th, COINOTAG News reported insights from Allison Muehr, the Policy Lead at the Crypto Council for Innovation, emphasizing the urgent need for formal SEC guidance on **staking**. As the **cryptocurrency** sector expands, industry groups are advocating for clarity amidst the prevailing regulatory **uncertainties** affecting **Web3 infrastructure** providers. Speaking at the Solana Accelerate event in New York, Muehr highlighted that establishing a clear SEC stance on staking is critical for the industry’s future. She noted a significant shift, stating, “We have made about 25% progress,” underscoring a more constructive engagement from the SEC over the last four months compared to previous years. However, Muehr pointed out that the absence of formal guidance on staking remains a challenge for stakeholders aiming to navigate the complex regulatory landscape effectively.