3 Reasons Why Crypto Staking Should Receive Another Look
Staking can open the door to more crypto investing opportunities
Even as cryptoassets continue to make significant inroads into mainstream financial policy conversations, one significant obstacle and gap in the U.S. marketplace continues to hinder industry growth and expansion; the purpose of staking cryptoassets. This obstacle reflects a continued misunderstanding of what staking represents from a technical and network perspective, even if the taxability of staking rewards remains a contentious point for some in the marketplace.
Crypto staking, despite commentary to this effect, is not an investment in a product or service itself; rather it is an integral component of how proof-of-stake blockchains are secured and…