If you "stake" you invest and you are a stakeholder if you do not "stake" you are simply a user of Ethereum and all investments, stakes and stakeholders need to

If you "stake" you invest and you are a stakeholder if you do not "stake" you are simply a user of Ethereum and all investments, stakes and stakeholders need to be regulated in order to protect investors and market. Cryptocurrencies and crypto tokens are not outside the law in particular not outside of financial and capital market regulation laws.