SEC confirms PoW crypto mining exempt from securities law

The US Securities and Exchange Commission (SEC) has clarified its stance on crypto mining under proof-of-work (PoW) protocols, stating that mining activities do not involve offering and selling sec...

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SEC confirms PoW crypto mining exempt from securities law

Source: CryptoSlate

The US Securities and Exchange Commission (SEC) has clarified its stance on crypto mining under proof-of-work (PoW) protocols, stating that mining activities do not involve offering and selling securities. This applies to assets such as Bitcoin (BTC) and Litecoin (LTC). In a March 20 statement, the SEC’s Division of Corporation Finance stated that participants engaged […]

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