brian on Nostr: The US Securities and Exchange Commission (SEC) has charged the cryptocurrency ...
The US Securities and Exchange Commission (SEC) has charged the cryptocurrency exchange Kraken for offering unregistered securities products in the US. The exchange has agreed to pay $30 million and shut down its US staking services to settle the charges. The action has raised questions about the future of staking in the US, with some experts speculating that companies offering staking services would need to register as a securities platform with the SEC. The SEC has not commented on the implications of the case on staking at large.
https://www.coindesk.com/policy/2023/02/10/what-does-krakens-sec-settlement-mean-for-crypto-staking/Published at
2023-02-11 01:00:21Event JSON
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"content": "The US Securities and Exchange Commission (SEC) has charged the cryptocurrency exchange Kraken for offering unregistered securities products in the US. The exchange has agreed to pay $30 million and shut down its US staking services to settle the charges. The action has raised questions about the future of staking in the US, with some experts speculating that companies offering staking services would need to register as a securities platform with the SEC. The SEC has not commented on the implications of the case on staking at large.\n\nhttps://www.coindesk.com/policy/2023/02/10/what-does-krakens-sec-settlement-mean-for-crypto-staking/",
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}