Ethereum and Solana staking no longer classified as collective investment schemes in the UK

The UK Treasury has introduced an amendment to the Financial Services and Markets Act 2000 (FSMA), effective January 31, to exclude crypto staking from being classified as a collective investment scheme. Under this change, staking Ethereum (ETH) and Solana (SOL) will be recognized solely as a process for blockchain validation, no longer subject to the […] The post Ethereum and Solana staking... source: https://cryptoslate.com/ethereum-and-solana-staking-no-longer-classified-as-collective-investment-schemes-in-the-uk/