🚀 UK Treasury gives crypto staking a thumbs-up, clarifying it’s not a “collective investment scheme.” This means less red tape for Ethereum and Solana stakers! 🎉 The updated law, effective Jan. 31, highlights that staking is about securing networks, not investing. Consensys’ Bill Hughes quips, “It’s cybersecurity, not an investment scheme!” With the Treasury’s promise of a crypto regulatory framework by 2025, the future looks bright for crypto enthusiasts. Economic Secretary Tulip Siddiq agrees, saying, “It doesn’t make sense for staking services to have this treatment.”