In the context of the upcoming MICA Report on the "latest developments regarding crypto-assets’’, anticipated in December, staking has captured significant attention from European Regulators. With the aim to foster informed discussions about staking in Europe, Adan has prepared a comprehensive report on staking.
Staking plays a crucial role in securing the functionality and integrity of blockchain networks, contributing to the overall sustainability of these innovative systems.
This report aims to elucidate the concept of staking, which is a fundamental component of blockchain technology, outlining how it works and providing an overview of current regulatory standards.
With Adan's report, we aim to provide valuable insights to regulators, needed to navigate this exciting while at the same complex landscape effectively.
Key Highlights of the Report:
• Understanding Staking: A comprehensive overview of what staking is, how it works, and its role in Proof of Stake (PoS) networks.
• Customer Journey: Insights into the user experience in staking, detailing how participants engage with staking services and the steps involved in the process.
• Staking Taxonomy: distinguishing between solo/indirect staking; custodial/non-custodial services for facilitating staking
• Risk Analysis: An exploration of the commonly cited risks associated with staking
• Regulatory Landscape: An overview of current legal standards
