BlackRock representatives met with SEC staff to discuss the facilitation of exchange-traded products (ETPs) with staking capabilities and the approval standards for crypto ETFs. The SEC has recently shifted its regulatory approach, fostering discussions with various stakeholders, including BlackRock, to establish a supportive framework for digital assets.

Crypto industry groups are calling on the U.S. Securities and Exchange Commission (SEC) to provide clearer guidance regarding the regulatory status of staking. These organizations argue that uncertainties surrounding staking could hinder innovation and investment in the cryptocurrency sector. They emphasize the need for regulatory clarity to foster a more secure environment for both companies and consumers involved in staking activities.