Gemini Launches Staking Service Amid Regulatory Push

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Crypto exchange Gemini has introduced a staking service for users, allowing them to earn rewards by staking cryptocurrencies like Ethereum, Solana, and Polkadot.

The service aims to cater to the growing demand for passive income opportunities in the crypto market, where users can earn interest-like rewards by participating in the blockchain consensus process.

Gemini’s staking platform is built with a focus on regulatory compliance, ensuring that users can engage in staking with greater security and transparency.

This comes as U.S. regulators increasingly scrutinize crypto staking and lending platforms, with Gemini positioning itself to operate within the evolving regulatory landscape.