Robinhood CEO Urges U.S. Lawmakers to Clarify Crypto Staking Regulations
Robinhood CEO Vlad Tenev has reiterated his call for the United States to establish clear regulatory frameworks for cryptocurrency staking. The absence of consensus among regulators, he argues, is depriving users of key features and creating market uncertainty.
Staking remains the most requested feature on the Robinhood app, yet regulatory hurdles prevent its availability in California, Maryland, New Jersey, and Wisconsin. Tenev emphasized that thousands of users are still demanding access to staking rewards, which are currently blocked by legislative delays.
"It's time for the U.S. to lead on crypto," Tenev stated in a recent tweet. He highlighted the irony that while Stock Tokens are available to EU customers, American users face restrictions due to regulatory gridlock.
Robinhood is actively supporting congressional efforts to finalize a crypto bill that balances consumer protection with innovation. The company's push underscores the growing demand for regulatory clarity in the digital asset space.