SEC Clarifies That Bitcoin Mining Activities Do Not Violate Federal Securities Laws; Participants Are Not Required to Register Transactions - Grayscale Bitcoin Mini Trust (BTC) Common Units of Fractional Undivided Beneficial Interest (ARCA:BTC)

The Securities and Exchange Commission clarified its stance on cryptocurrency mining activities, asserting that they are not subject to federal securities laws. The SEC’s Division of Corporation Finance stated that proof-of-work mining, which entails using computational resources to validate blockchain transactions in exchange for rewards, does not involve the offer and sale of securities. Consequently, participants…