PoL

U.S. SEC Policy Statement: Staking Activities of Three Types of PoS Networks Do Not Constitute Securities Offerings

ChainCatcher news, according to the official website, the U.S. Securities and Exchange Commission (SEC) has released a policy statement regarding PoS network staking activities, clarifying that three types of staking activities do not constitute securities issuance: 1) Self-staking (node operators using their own crypto assets to participate in network validation); 2) Third-party non-custodial staking (asset owners retain control, only delegating validation rights); 3) Compliant custodial staking (custodians strictly segregate client assets, not used for operations or re-hypothecation).The statement points out that the network rewards obtained from the above staking activities are considered compensation for validation services, rather than investment returns based on the efforts of others in managing and operating, and therefore do not meet the securities definition standards of the Howey test. It also clarifies that four types of supporting services (penalty insurance, early unbonding, reward restructuring, asset aggregation) do not change the nature of staking. This policy does not apply to staking services that provide fixed returns or engage in trading using client assets.The SEC emphasizes that custodial institutions must ensure that staking assets: 1) are independent of operating funds; 2) are prohibited from being lent or re-hypothecated; 3) are not subject to third-party claims. This policy aims to provide regulatory certainty for compliant staking activities while maintaining enforcement authority over security tokens.

Asphere has partnered with the Web3 Foundation to launch a no-code Polkadot Rollup deployment solution

ChainCatcher news, according to Cointelegraph, Web3 infrastructure service provider Asphere (Ankr's enterprise division) announced a partnership with the Web3 Foundation to launch a no-code Rollup deployment framework based on the Polkadot SDK. Developers can customize and launch high-performance, interoperable dedicated Rollup chains in minutes through a visual interface. The solution offers ready-to-use templates such as general Rollups and Ethereum-compatible Rollups, supporting custom token economic models, governance mechanisms, and staking modules, all managed by Asphere's fully hosted node operations and compliance framework.David Hawig, head of ecosystem development at the Web3 Foundation, stated that the collaboration aims to unlock the potential of the Polkadot technology stack, allowing developers to focus on product innovation through native interoperability and shared security. Tyler Sloan, head of business at Asphere, pointed out that the no-code deployer will lower the barriers to protocol development, enabling both enterprises and individuals to build customized application chains and seamlessly integrate into the Polkadot multi-chain ecosystem.The solution supports independent Rollups, system-level Rollups, and dedicated chains for vertical scenarios such as DeFi and gaming, providing 24/7 operational monitoring and modular upgrade control. The parallel transaction processing architecture of Polkadot, combined with Asphere's infrastructure, can provide scalability support for scenarios with high concurrency and low fee requirements.
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