Robinhood CEO Vlad Tenev has criticized the slow pace of crypto regulation in the United States, warning that the country is falling behind as staking remains unavailable in four states while Europe continues to advance.
In a social media post, Tenev noted that crypto staking is one of the most requested features among Robinhood users, yet regulatory uncertainty has prevented the company from offering it nationwide. He attributed the issue to ongoing regulatory gridlock and stressed that stronger digital asset oversight is still needed.
Tenev urged lawmakers to act, calling on the U.S. to take a leadership role in crypto policy by passing legislation that protects consumers while encouraging innovation. He voiced support for Congress’s efforts to move forward with the crypto market structure bill, saying progress is visible but incomplete.
His comments follow the Senate Banking Committee’s decision to delay markup of the proposed market structure legislation, which aims to clarify whether digital assets are securities or commodities, define the roles of the SEC and CFTC, and establish rules for staking, lending, stablecoins, and crypto platforms. The delay has drawn criticism from other industry leaders as frustration over regulatory uncertainty continues to grow.
