Today Coinbase’s Brian Armstrong shared out that there were rumors that exchanges offering staking services to retail users may be made illegal in the US. https://twitter.com/brian_armstrong/status/1623459203150131201 I agree with Brian’s thread, but also have the opinion that if exchanges are marketing staking products purely as yield generating financial machines, they’re not doing their retail customers a valuable service in the grand scheme of things. Let’s unpack this a bit. First of all...

Today Coinbase’s Brian Armstrong shared out that there were rumors that exchanges offering staking services to retail users may be made illegal in the US. https://twitter.com/brian_armstrong/status/1623459203150131201 I agree with Brian’s thread, but also have the opinion that if exchanges are marketing staking products purely as yield generating financial machines, they’re not doing their retail customers a valuable service in the grand scheme of things. Let’s unpack this a bit. First of all...