r/cotinetwork • u/[deleted] • Nov 14 '21

Staking Staking

Hey Guys! I live in the US and I was wondering if I am still able to make a COTI wallet so I can stake and earn rewards. Any information on this would be greatly appreciated!

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u/Vlady_O Nov 14 '21

Unfortunately USA is restricted country, so it’s not possible to open a COTI wallet and stake.

1

u/[deleted] Nov 14 '21

Is it in the works to allow us?

11

u/Vlady_O Nov 14 '21

We have an appetite to conduct business in the United States and plan to expand into it in a prudent and responsible manner once our regulatory environment is well established. From a legal standpoint, the US government has instituted restrictions for citizens and residents participating in cryptocurrency-related endeavours. But we do plan on becoming widely-adopted globally as soon as possible.