Liquid staking just got approved by the U.S. Securities and Exchange Commission. In a staff statement released Tuesday, the agency clarified that this type of staking does not require securities law disclosures, offering the industry a degree of legal clarity it has long sought. The statement, published by the SEC’s Division of Corporation Finance, addresses how liquid staking works when users deposit crypto assets with a third-party provider in exchange for "receipt tokens." These tokens can be used in decentralized finance (DeFi) while the original assets remain staked on proof-of-stake blockchains. This is not ... (full story)