SEC says proof-of-work mining does not implicate US securities laws
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SEC declares PoW mining out of its jurisdiction
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The SEC also addressed mining pools where they join pools to combine their processing power and share rewards. Like mining itself, mining pools do not have an expectation of profits, the SEC said.
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A miner’s Self (or Solo) Mining is not undertaken with a reasonable expectation of profits to be derived from the entrepreneurial or managerial efforts of others.
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