## SEC Staff Issues New Guidance Saying Staking Tokens Are Not Securities Coingapestaff Highlights - SEC staff says some staking receipt tokens may qualify as digital tools, not securities themselves. - Functional crypto networks may continue maintenance and upgrades without creating essential managerial efforts for investors. - Crypto marketing remains fact-specific, especially when issuer promises connect planned work with expected investor profits. SEC staff issued fresh crypto guidance explaining how staking receipt tokens, wrapped assets, buybacks, and functional networks may fall…