Staking by Licensed Institutions

If an institution delegates the operation of the validator node to a third party (other banks or staking pool operators), the institution has only a claim against that third-party provider. This claim can be treated as a custodial asset in the sense of art. 16 para. 2 of the Banking Act, provided the Swiss Banking … Continued

FINMA’s current legal assessment is that in case of the bankruptcy of a supervised entity, stakedcrypto assets should be segregated from the bankruptcy estate and returned to the custody accountholder provided that the following conditions are met: the customer has given a specific instruction about the type and number of crypto assets to be staked; … Continued