Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag SEC rules that proof-of-work cryptocurrency mining isn't covered by federal securities laws.

flag The U.S. Securities and Exchange Commission (SEC) has clarified that proof-of-work (PoW) cryptocurrency mining activities do not fall under federal securities laws. flag This means miners, whether solo or in pools, do not need to register their activities with the SEC. flag The guidance aims to provide clarity on how federal securities laws apply to crypto assets, particularly focusing on public and permissionless networks like Bitcoin. flag While this announcement does not ban mining, it leaves room for some aspects to be classified as securities under the Howey Test. flag The move is seen as a step towards clearer regulation in the cryptocurrency sector.

21 Articles

Further Reading