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Kraken discontinues crypto staking in US following a $30 million settlement with SEC

According to SEC’s complaint, Kraken has offered and sold its crypto asset “staking services” since 2019, advertising annual investment returns of as much as 21%. SEC Chair Gary Gensler commented: Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries, when offering investment contracts in exchange for investors’ tokens, need to provide the proper disclosures […] The post Kraken discontinues crypto staking in US following a $30 million settlement with SEC appea... Read More

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Content Topics

Kraken

Discontinues

Crypto

Staking

Following

Million

Settlement

Forex

Posted: Feb 10 2023, 14:47

Author Name: leaprate

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