Why the Future of U.S. Crypto Staking Is at Stake
Kraken's settlement with the SEC is sending chills through the industry. We assess the impact with David Nage.
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Show Notes
The U.S. Securities and Exchange Commission has charged crypto exchange Kraken with “failing to register” its staking-as-a-service program. As part of the settlement, Kraken will stop offering crypto staking in the U.S. and pay a fine. Ash Bennington discusses the impact with David Nage, portfolio manager at Arca. Plus, CoinDesk reports a U.S. brokerage and issuer of stablecoins such as Binance’s BUSD, is under investigation.
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