<ul><li>The SEC's Division of Corporation Finance clarified that PoS staking activities are not considered securities transactions.</li><li>Types of staking covered include Self-staking, Custodial Staking, and Self-Custodial Staking via Third Party.</li><li>SEC's reasoning is based on the Howey Test, stating staking rewards are not from someone else's efforts, thus not requiring SEC registration.</li><li>SEC views on staking services like slashing insurance and early unstaking options as administrative add-ons, not investments.</li></ul>

Providing Blockchain Security Isn’t a ‘Security,’ Says SEC’s Corporate Finance Division

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