CVA Regulatory WG Publishes: 'Paper on Staking Services on Proof-of-Stake Protocols'
Crypto Valley Association's Regulatory Working Group has released its latest publication titled "𝐒𝐭𝐚𝐤𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐨𝐧 𝐏𝐫𝐨𝐨𝐟-𝐨𝐟-𝐒𝐭𝐚𝐤𝐞 𝐏𝐫𝐨𝐭𝐨𝐜𝐨𝐥𝐬.”
This paper aims to show that many custodial staking services in the crypto industry 𝙢𝙖𝙮 𝙣𝙤𝙩 𝙧𝙚𝙦𝙪𝙞𝙧𝙚 𝙖 𝙗𝙖𝙣𝙠𝙞𝙣𝙜 𝙡𝙞𝙘𝙚𝙣𝙨𝙚. It argues that most staking arrangements maintain direct asset control for holders or custodians, potentially exempting them from stringent banking regulations.
Great job! 👏 Fabio Andreotti, Julien Binder, Dominik Hofmann, Dr. Katharina - Kasia Lasota Heller, Dongliang (Dong) Liang, Reto Luthiger, Christine McAteer, Timea Nagy, Alexander Smith, Joshua Taucher