Expect the SEC to use its Kraken playbook against staking protocols
Some observers have suggested the SEC’s action against Kraken will push users toward DeFi protocols. The reality is that the SEC is coming for those as well.
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Some observers have suggested the SEC’s action against Kraken will push users toward DeFi protocols. The reality is that the SEC is coming for those as well.
Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today's CPI report are front of mind for many investors.
Even the SEC Commissioner has publicly rebuked her agency over the shutdown of Kraken’s crypto staking program.
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake…
Coinbase executives claim that staking is not a security under the US Securities Act or Howey test.
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in…
The SEC’s move to ban staking is going to encourage more people to move toward decentralized options beyond the agency’s reach.
“Don’t have your hand in the customer’s pocket, using their funds for your own platform," Gary Gensler said to companies that needed to register with the SEC.
Kraken’s generated trading volume for the past 24 hours increased by almost 15%. The surge contrasts with the company’s issues prompted by the recent SEC investigation and the consecutive termination…
The community is wondering whether delisting XRP in 2020 was due to Coinbase's willingness to protect customers from “government overreach.”