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US SEC targets crypto 'staking' with Kraken crackdown day

NEW YORK, Feb 10 Crypto exchange Kraken agreed to shut down its cryptocurrency staking service and pay US$30 million in penalties to settle US Securities and Exchange. ....

United States , New Jersey , Gary Gensler , Brian Armstrong , Exchange Commission , Us Treasury Department Office Of Foreign Assets , Blockfi Inc , San Francisco Based , Foreign Assets Control , Cryptocurrency Trading ,

SEC goes after 'staking' in latest blow to crypto industry

The Securities and Exchange Commission’s latest action against the cryptocurrency world came from a $30 million fine extracted from exchange Kraken over its staking service. The move is causing concern for crypto companies that more action might be coming down the line. ....

United States , Brian Armstrong , Gary Gensler , Hester Peirce , Exchange Commission , Washington Examiner , Gary Gensler , Staking Services ,