Is it really impossible to tell?

Vlad Tenev, CEO of Robinhood, said delays in U.S. crypto-asset regulation are hindering service rollout and innovation, urging swift passage of a crypto market structure bill.

On the 15th (local time), Tenev wrote on X that “staking is one of the most requested features in the Robinhood app, but due to the current regulatory deadlock, we still can’t offer it in four states in the U.S.,” adding that “stock tokens are available to European Union (EU) customers, but not in our home market, the United States.”

Calling the situation “the moment for the U.S. to take the lead in crypto policy,” he stressed the need for legislation that can achieve both consumer protection and innovation. He added that he supports the crypto market structure bill being pursued in Congress, saying, “There are still issues to resolve, but a clear path to progress is emerging, and we are ready to work actively to get it across the finish line.”