Article 9Z6 Qualifying cryptoasset stakingF1
(1)
Making arrangements on behalf of another person (whether as principal or agent) for qualifying cryptoasset staking is a specified kind of activity.
(2)
In this article—
“blockchain validation” means the validation of transactions on—
- (a)
a blockchain, or
- (b)
a network that uses distributed ledger technology or other similar technology,
and includes proof of stake distributed ledger technology consensus mechanisms;
- (a)
“qualifying cryptoasset staking” means the use of a qualifying cryptoasset in blockchain validation.
Annotations
Textual amendments
- F1
Pt. 2 Ch. 2B inserted (25.2.2026 for specified purposes) by The Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 (S.I. 2026/102), regs. 1(2)(3), 40(5) (with regs. 53-56)