Virtual staking allows users to earn rewards by participating in a blockchain network without needing to lock up their tokens physically. Instead of committing their assets to a specific wallet or validator, users delegate their staking power to a third party or use smart contracts that handle the process automatically.This method provides flexibility, enabling users to retain control of their tokens while still participating in the network’s consensus mechanism. By delegating staking power, users can benefit from potential rewards without the technical complexities of running a full node or managing frequent updates.Additionally, virtual staking can contribute to network security and stability as more users engage in the process. It lowers the barrier to entry for those who may not have enough tokens to stake directly, promoting wider participation and incentivizing community involvement in the growth and maintenance of the blockchain ecosystem. Overall, it balances accessibility and security, making the staking experience more user-friendly.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the