Share on LinkedInShare on LinkedIn

ARTICLE · 21 NOVEMBER 2022

Market Intelligence Thought Leadership Award Winner

Regulations May Be Coming For Cryptocurrency ‘Staking'

John Wu, the President of Ava labs, believes that securities regulations for cryptocurrencies utilizing "staking" could be coming in the future.

United StatesTechnology

John Wu, the President of Ava labs, believes that securities regulations for cryptocurrencies utilizing "staking" could be coming in the future. This comes on the heels of Securities and Exchange Commission Gary Gensler signaling that the recent Ethereum "Merge" could lead to securities regulation.1

So, what exactly is "staking"? Well, in the case of Ethereum's recent upgrade to "proof-of-stake," coin holders can now earn Ethereum coins by allocating their own coins to be utilized by the blockchain.2 In more traditional terms, one may think of staking as being similar to an interest-bearing savings account. In practice, the blockchain is putting your staked coins to work: rather than verifying and securing transactions via a bank or payment processor, it uses the staked coins for this process.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from