Kraken Shuts Down Cryptocurrency Staking Services in the US
Kraken, the international exchange based in the United States, has reached an agreement with the SEC to shut down its staking service for users residing in the country and pay a fine of USD $30 million. This measure comes amid a series of actions that the Securities and Exchange Commission (SEC) is contemplating to regulate staking programs.
Payment of USD $30 Million Fine
Kraken has agreed to pay a $30 million fine to the SEC, as part...