ADAN Report on Staking

In the context of the upcoming MICA report on "recent developments regarding crypto-assets," scheduled for December, staking has attracted considerable interest from European regulators. With the aim of fostering informed discussions on staking in Europe, Adan has prepared a comprehensive report on the subject.

Staking plays a crucial role in securing the functionality and integrity of blockchain networks, contributing to the overall sustainability of these innovative systems.

This report aims to clarify the concept of staking—a fundamental component of blockchain technology—by describing how it works and providing an overview of current regulatory standards.

With Adan’s report, we aim to provide regulators with valuable insights needed to effectively navigate this exciting yet complex landscape.

Key points of the report:
• Understanding staking: a comprehensive overview of what staking is, how it works, and its role in Proof of Stake (PoS) networks.
• Customer journey: insights into the user experience in staking, detailing how participants interact with staking services and the steps involved in the process.
• Staking taxonomy: distinction between direct and indirect staking; custodial and non-custodial services to facilitate staking.
• Risk analysis: an exploration of commonly cited risks associated with staking.
• Regulatory landscape: an overview of current legal standards.