Post
Topic
Board Bitcoin Discussion
Re: This should be bullish for Bitcoin and it's PoW
by
LegendaryK
on 14/02/2023, 12:06:49 UTC
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.

Nope, no ban on staking in the US.

https://www.youtube.com/watch?v=qz4JPXmMexQ
Kraken is paying a fine for offering an unregistered staking service in the US.
Kraken is still offering a staking service to all other countries unaffected.

Their are no laws in the US banning staking for individuals.
Coinbase is still staking for their US clients with no issues.