Famous trader Peter Brandt expresses doubts about the future of staking
Famous trader and analyst Peter Brandt has expressed doubts about the future of staking, stating that this activity could be considered illegal. In his comments, Brandt stated that staking, which involves freezing cryptocurrency to receive rewards, may face stiff resistance from regulators. In his opinion, the staking industry is expected to undergo significant transformation.
Potential consequences for cryptocurrency exchanges
According to Brandt, cryptocurrency exchanges may face significant financial and reputational losses due to increased scrutiny from officials. He believes that in the near future, staking could be subject to strict limitations and requirements.
US Congress considers bill on taxing digital assets
At the same time, the US Congress is considering the bill «Providing Clarity on Taxing Digital Assets.» This document aims to streamline the taxation of staking rewards, highlighting the growing interest in regulating this area.
Peter Brandt’s previous predictions
Earlier, Peter Brandt has spoken about Bitcoin, suggesting that after the halving, the cryptocurrency reached its peak level. He predicted that a significant increase to $140,000 or $160,000 is not expected until the autumn of 2025.
