X @Wu Blockchain

Regulatory Landscape - U S Treasury Secretary announced new rules providing a clear regulatory path for crypto ETPs [1] - The new rules allow crypto ETPs to stake digital assets and distribute rewards to retail investors [1] - The safe harbor applies to trusts that meet five conditions [1] Compliance Requirements - Trusts must hold only a single digital asset and cash [1] - Trusts must use a qualified custodian for key management and staking [1] - Trusts must maintain an SEC-approved liquidity plan [1] - Trusts must keep arm's-length arrangements with independent staking providers [1] - Trusts must limit activities to holding, staking, and redemption [1]