‘Paper on Staking Services on Proof-of-Stake Protocols’ by CVA Working Group
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 梁东亮, Reto Luthiger, Christine McAteer, Timea Nagy, Alexander Smith, Joshua Taucher
The paper highlights specific technological designs and measures that support this argument.
Dive in → https://members.cryptovalley.swiss/news/1799486
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