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Custodial crypto lending and staking products ‘take on all the indicia’ of securities, Gensler tells The Block – The Block Crypto

Speaking to The Block after the hearing, Gensler indicated that crypto lending and even staking platforms were likely to fall…

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Securities and Exchange Commission chairman Gary Gensler indicated Tuesday that crypto lending and staking platforms that hold custody of user funds could fall under U.S. securities laws and, as a result, his agency’s oversight.
Following a hearing before…

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