The question arises from the unclear legal status of crypto staking in the US. With the growing popularity of cryptocurrencies, more and more people are participating in staking to earn rewards. However, whether this activity is legal or not in the US remains a question for many.
5 answers
PulseRider
Mon Nov 18 2024
It is widely regarded as one of the most prevalent practices among DeFi enthusiasts.
CryptoElite
Mon Nov 18 2024
However, from a legal standpoint in the United States, staking carries a different connotation.
Valentino
Mon Nov 18 2024
Specifically, it is almost unequivocally considered akin to the issuance of debt securities.
CosmicDreamWhisper
Mon Nov 18 2024
Staking holds a prominent position in the decentralized finance (DeFi) market.
CryptoSavant
Mon Nov 18 2024
This legal equivalence is particularly evident in projects that offer yields in widely recognized cryptocurrencies.