State Street Journal
Boston Financial Journal
Policy · SEC

Crypto

Digital asset regulation, Howey test applications, and the SEC's approach to cryptocurrency.

Beyond the ETF: Why the SEC Targets Crypto Staking as an Unregistered Security

The SEC classifies crypto staking-as-a-service as an unregistered security under the 1946 Howey test. This guide explains the four-prong analysis, enforcement against Kraken and Coinbase, the Ethereum paradox, and the self-staking safe harbor.

William Davenport · BOSTON