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To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry...
The SEC charged Kraken with offering and selling Kraken’s Staking Program as an unregistered security. Kraken, more formally known as Payward Venture and Payward Trading. Kraken has agreed to pay to cease selling securities through this service and pay $30 million.
On February 9, 2023, the U.S. Securities and Exchange Commission (the “SEC”) charged Kraken with offering and selling Kraken’s Staking Program – its staking-as-a-service product – as an...
The SEC’s Complaint - According to the SEC’s complaint, Kraken offered and sold its staking services to the general public in which participants could transfer crypto ass...