SEC’s Hester Peirce Backs Additional Guidance for Proof of Stake Participation, Boosting Staking Confidence

On May 19th, Hester Peirce, the leader of the U.S. Securities and Exchange Commission’s (SEC) Crypto Working Group, emphasized the need for *clarified guidance* on the nuances of *securities laws* in a recent speech covered by COINOTAG News. Peirce highlighted that specific activities, including *direct participation in Proof of Stake (PoS)* and *Delegated Proof of Stake (DPoS)* systems, should be clarified as not falling under securities regulation. This announcement is significant as it addresses the ongoing confusion resulting from the SEC’s previous enforcement strategies, which have inadvertently hindered compliant operators and contributed to *market uncertainty*. Peirce’s remarks signal a potential shift towards a more conducive environment for *U.S. institutions* considering *staking activities*, fostering innovation while ensuring regulatory compliance. Industry participants view this as a promising development that could enhance institutional engagement in the rapidly evolving crypto landscape.