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Triple-Digit Rewards of Staking Offer Crypto Winter Respite

  • Ethereum is due to switch to staking-based system this year
  • On Solana, a slew of other chains, most coins are staked
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The recent guidance provided by the U.S. Treasury Department on transaction reporting by crypto companies is shining some light on staking -- one of the least understood but hottest corners of the digital-asset world.  

Treasury indicated on Friday that “stakers” would be spared from forthcoming rules that are more targeted for brokers rather than investors using their tokens to help order transactions that create new blocks on various blockchain networks. That’s especially good news for crypto investors seeking a refuge amid the recent downturn in coin prices.