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Opinion
|Staking Week 2023
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Gary Gensler Is Wrong About Proof-of-Stake Tokens

The Securities Exchange Commission Chair said the "investing public" may expect a return from staking. Polymesh's Graeme Moore argues that doesn't make these cryptocurrencies securities.

By Graeme Moore
Updated Jun 14, 2024, 3:38 p.m. Published Sep 26, 2023, 2:16 p.m.
Securities Exchange Commission Chair Gary Gensler has a skewed view of what constitutes an investment contract, Polymesh's Graeme Moore writes. (SEC, modified by CoinDesk)
Securities Exchange Commission Chair Gary Gensler has a skewed view of what constitutes an investment contract, Polymesh's Graeme Moore writes. (SEC, modified by CoinDesk)