Ethereum

Singapore is restricting custodial/CEX staking to accredited investors only. Which means considering the “internet money bond” that is ETH staking a risky asset class despite its fixed-income nature.

Aviator, diver, Etherean, nexialist, PhD in aviation ∩ climate science | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

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Yes, for sure. I solo stake, but CEXes a convenient place to keep the proceeds of staking on the way to building another validator, in the absence of auto compounding.

The broader point I am looking to make is that MAS is tightening the screws, and they are generally a standard-setter for financial regulations in SEA.

I mean, holding your crypto assets on any CEX or centralized staking service is taking on additional risk.

Running a node + validator from home remains the least risky way to stake your ETH.