Isn't the ban on staking in the USA supposed to be bullish for bitcoin and other proof of work crypto projects? I only heard not to stake on centralized exchanges but not the same for mining in the USA, so if you are in America you are free to fire on your Asic miners. All Hail to PoW algorithm.
This is bad news for cryptocurrency which affected whole crypto market including BTC. Banning staking in cex is against the decentralization and regulations and limitations will not give any benefit to Bitcoin. The benefit was nothing, the loss was that Bitcoin's price dropped from 24 to 20
This ban is limited to Centralized exchange and door of staking in dex is still open. second only US person are prohibited to stake token in unregulated Cex. all other POS utilities are open and there's no banned and regulations so Nothing seems to benefit Bitcoin.