After Kraken, These Crypto Companies Could Be Targeted Next By SEC

After Kraken, These Crypto Companies Could Be Targeted Next By SEC


Bitcoinist
2023-02-10 08:30:33

In a highly controversial move, the U.S. Securities and Exchange Commission (SEC) fined crypto exchange Kraken $30 million yesterday and forced it to shut down its staking product. In a Thursday announcement, the regulator disclosed that Kraken had failed to register its crypto-asset-staking-as-a-service program with the SEC. In a series of tweets, Jesse Powell, co-founder