OpenLegislation

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—

    1. (a)

      a blockchain, or

    2. (b)

      a network that uses distributed ledger technology or other similar technology,

    and includes proof of stake distributed ledger technology consensus mechanisms;

  • “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)