Robinhood CEO Vlad Tenev has openly criticized the slow progress of U.S. crypto regulations.<\/p>\n
He pointed out the lack of crypto staking in four local states, comparing it to the progress already made in the European Union with tokenized stocks.<\/p>\n
Speaking on social media, Tenev said<\/a> that staking remains one of the most sought-after features among Robinhood users. However, the company is unable to meet this demand in four American states \u201cdue to the current gridlock.\u201d<\/p>\n The executive further explained how there is still more work to be done in terms of digital asset oversight.<\/p>\n \u201cIt\u2019s time for the US to lead on crypto policy,\u201d he wrote.<\/p>\n According to him, America needs to pass legislation that protects consumers and unlocks innovation for everyone. \u201cWe support Congress\u2019s efforts to pass the market structure bill. There is still work to be done, but we see a path and are here to help,\u201d he added.<\/p>\n The Robinhood CEO\u2019s comments come amid the Senate Banking Committee\u2019s latest decision to postpone<\/a> its planned markup of the sweeping crypto market structure bill. The legislation seeks to define when crypto tokens are considered securities or commodities. It also clarifies the regulatory roles of the SEC and CFTC, sets rules for staking, lending, and stablecoins, and introduces registration pathways for crypto exchanges and DeFi platforms.<\/p>\n Other crypto industry leaders have also voiced growing frustration over the U.S. Senate\u2019s latest delay of the crypto market structure bill.<\/p>\n For instance, Coinbase CEO Brian Armstrong has criticized the bill\u2019s potential to promote traditional financial institutions and limit innovation by overregulating decentralized platforms. Ultimately, this resulted in the exchange pulling its support for the current version of the legislation.<\/p>\n Crypto staking remains restricted in four U.S. states, including California, Maryland, New Jersey, and Wisconsin, due to ongoing litigation and increased scrutiny. These limitations come from allegations that staking services offered by platforms such as Coinbase and Robinhood are unregistered securities offerings, which has resulted in enforcement actions and compliance measures at the state level.<\/p>\n On the other hand, the European Union has moved forward with its Markets in Crypto-Assets (MiCA) rules, which provide a unified framework for digital assets across all member nations.<\/p>\n This regulatory clarity has enabled platforms to introduce advanced offerings such as tokenized stocks, allowing users to trade the digital assets with confidence. Robinhood has already launched tokenized equity products in the region, with Tenev previously describing<\/a> it as the most significant innovation in capital markets in over a decade.<\/p>\n The post Robinhood CEO Warns US Crypto Regulation Lags with Staking Blocked in 4 States While EU Moves Ahead<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Robinhood CEO Vlad Tenev has openly criticized the slow progress of U.S. crypto regulations. He pointed out the lack of crypto staking in four local states, comparing it to the progress already made in the European Union with tokenized stocks. Tenev Urges America to Act on Crypto Regulation Speaking on social media, Tenev said that […]<\/p>\n","protected":false},"author":0,"featured_media":127515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-127514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127514"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127514"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/127514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/127515"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}U.S. Crypto Staking Lags as EU Advances with Tokenized Stocks<\/h2>\n