X @Wu Blockchain

U.S. Treasury Secretary Scott Bessent announced new rules providing a clear regulatory path for crypto ETPs to stake digital assets and distribute rewards to retail investors. Consensys senior legal advisor Bill Hughes noted the safe harbor applies to trusts that: (1) hold only a single digital asset and cash, (2) use a qualified custodian for key management and staking, (3) maintain an SEC-approved liquidity plan, (4) keep arm’s-length arrangements with independent staking providers, and (5) limit activiti ...