SEC Chairman Gensler Suggests Again That Proof-of-Stake Tokens Are Securities: Report

SEC Chairman Gensler Suggests Again That Proof-of-Stake Tokens Are Securities: Report U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is doubling down on his opinion that proof-of-stake tokens could meet the definition of securities under the Howey test, thus bringing them under his agency’s regulatory authority.