The Financial Services Regulatory Authority (FSRA) of the ADGM
has issued Consultation Paper No. 10 of 2025 proposing a new regime
for staking of virtual assets (VAs) in the ADGM.
Principal takeaways include:
Who can provide staking services
Entities licensed to Provide Custody (VA Custodians) and/or
Manage Assets (VA Asset Managers) are permitted to provide staking
services.
- VA Asset Managers may stake client VAs on a discretionary or
instructed basis.
- VA Custodians may stake only on specific client instruction
(discretion requires an asset management licence).
Assets Eligible for Staking
Only Accepted Virtual Assets (AVAs) may be staked.
Scope of Staking Activities