May 14, 2020 The Proof of Stake Alliance (POSA) is releasing new standards for staking providers.

The Proof of Stake Alliance (POSA), a blockchain industry group, is in the process of releasing a new set of recommended standards for staking providers to ensure that companies comply with US regulations. The POSA held a meeting with the SEC in early 2020 where they discussed staking and the new standards, and are working to allow staking service companies to operate in the US. Among other considerations, the standards discourage any association of staking with financial or investment opportunities.