SEC Chair Paul Atkins: Most Crypto Assets Including Staking, Airdrops and Bitcoin Mining Are Not Securities

The U.S. Securities and Exchange Commission issued broad guidance to the cryptocurrency sector on Tuesday, with Chair Paul Atkins stating that most crypto assets, including those linked to staking, airdrops and Bitcoin mining, would not be treated as securities under federal law. In an accompanying statement, Atkins said the interpretation aims to give market participants a clearer view of how the Commission classifies crypto assets within the existing securities framework after more than a decade of uncertainty.