Staking

Staking service provider SenseiNode operates from Brazil, Argentina, Mexico, Chile, Costa Rica and Colombia.

The Securities and Exchange Commission blocked staking when crypto exchange-traded funds were granted, but the lawmakers suggest the SEC may have been off-base.

The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic of late.

Also: Lido goes modular; Uniswap finally launches Unichain

Lido V3 introduces stVaults, a customizable staking system designed for institutions and more complex investment strategies.

Kraken, which was forced to shutter its staking products in early 2023 thanks to the SEC, has re-introduced on-chain staking for U.S. clients in 39 state territories.

The SEC could consider approving staking for ETFs, boosting sentiment and prices for the second-largest cryptocurrency, market observers said.