The SEC shook Kraken down for $30M, but it doesn’t mean they had a case
Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security.
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Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security.
Traders are pivoting into decentralized solutions like GMX, LDO and MKR as the U.S. Securities and Exchange Commission cracks down on the crypto industry.
A slew of technical, fundamental and on-chain indicators hint at more pain for BNB’s price in February.
No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered in the country.
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle executive rebuffed the claim.
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.”
ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside.
Senator Tim Scott questioned whether the SEC had been "asleep at the wheel" amid major bankruptcies in the crypto space causing the loss of millions in user funds.
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.
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the details of the SEC’s ban on crypto staking and whether stablecoins are securities.