Contingent Staking Explained, Cardano ADA News Update

Contingent Staking Explained, Cardano ADA News Update

There has been a lot of conversation and drama around the idea of contingent staking and the Cardano blockchain allowing a Know Your Customer process to be integrated into the blockchain. This will then allow stake pool operators to gate delegation to their stake pools in order to comply with regulation.

This thing is, none of this regulation is enforce or is completely defined and targeted towards any blockchain at the moment. The SEC is mainly looking into exchanges that provide these types of staking services where the consumer gives up their assets in order to earn a yield in return.

00:00 Intro
00:27 Backstory
02:08 Krakens Staking Program
04:49 US Infrastructure Bill
05:54 How Does It Affect Cardano?
06:27 Drama Debate
08:01 How Contingent Staking Might Work
08:59 Should You Be Worried?
10:09 CardanoPress NFT Whitelisting

*** None of the information on this episode is to be considered as financial advice. All conversations and opinions are that of the guests and are intended for educational and entertainment purposes only. Please do your own research and understand that cryptocurrencies are volatile and risky. />===

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