Robinhood Launches ETH and SOL Staking in US Amid Ongoing Regulatory Uncertainty

Key Points

1. Robinhood introduced ETH and SOL staking for eligible U.S. customers, allowing them to earn passive income by supporting blockchain networks.

2. The SEC clarified that most crypto staking does not qualify as selling securities, providing regulatory relief for the industry.

3. SEC Commissioner Hester Peirce supported the new staking guidance, stating that previous uncertainty had discouraged user participation and harmed blockchain decentralization.

4. The staking feature was already available in the EU and EEA before its U.S. rollout.

5. Robinhood CEO Vlad Tenev emphasized that staking helps cryptocurrencies become the backbone of the global financial system.