Robinhood CEO: Crypto market structure bill needed for staking feature

Vlad Tenev, co-founder and CEO of the U.S. stock and crypto trading app Robinhood, stated on X that the passage of a crypto market structure bill is necessary to achieve both consumer protection and innovation. He noted that while crypto staking is one of the most requested features by users, the company is unable to offer it in four U.S. states due to regulatory deadlock. Tenev added that stock tokens, which are available in the EU, are also not possible in the U.S.