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Ethereum Readies December ‘Fusaka’ Upgrade as U.S. Policy Moves Reframe Staking

U.S. regulatory actions are steering expectations for staking products.

Overview

  • Developers are scheduling the Fusaka upgrade for December, describing it as the most significant change since 2022’s Merge.
  • Fusaka targets faster performance, greater efficiency and lower costs, with supporters saying the changes could boost on-chain activity.
  • Treasury created a federal digital‑asset stockpile in March that includes Ethereum, and regulators have set a framework for dollar‑pegged stablecoins.
  • Treasury and the IRS are developing staking rules tied to potential investment products following the SEC’s 2023 crackdown that curbed public staking.
  • ETH trades roughly 35% below its August all‑time high and has steadied around $3,000 to $3,100, according to market reporting.