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Briefing
crypto

Kraken to Shut Down Staking as Part of SEC Settlement

By
Aidan Ryan
· · Source: The Information

Cryptocurrency exchange Kraken is shutting down its staking services for U.S. clients and paying a $30 million fine as part of a settlement with the Securities and Exchange Commission, the agency announced Thursday. The SEC had alleged that Kraken offered and sold unregistered securities through its staking services. Staking refers to a process used by some blockchains to validate transactions...

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