How Okcash Decentralized Self-Custody Staking Model Can Thrive Amidst SEC Crackdowns
The US Securities and Exchange Commission’s (SEC) recent crackdown on staking has been a cause of concern for many crypto exchanges and investors. However, Okcash has a unique advantage in this regard, thanks to its decentralized self-custody staking model. Unlike other staking services that may be centralized and require users to delegate their coins to a third party, Okcash allows users to retain complete control of their coins while still earning rewards through self-custody staking. This makes it virtually impossible to be censored or restricted, even in the face of SEC crackdowns. The SEC has repeatedly stated that most digital tokens are securities and should be subject to its rules. This has led several major crypto exchanges, including Kraken, to face charges for failing to register their staking programs. Okcash is not vulnerable to these charges as it does not […]