What Kraken's $30M Settlement with SEC Could Mean For Crypto Staking

CoinDesk

Tue, Feb 14, 2023, 10:15 AM

Kraken settled charges with the U.S. Securities and Exchange Commission for $30 million and ended its U.S. crypto staking program as a result. TuongVy Le, Bain Capital Crypto Partner and former Chief Counsel at the U.S. Securities and Exchange Commission (SEC)'s Office of Legislative and Intergovernmental Affairs, discusses her take on how the SEC might be approaching staking and what this means for crypto staking overall in the U.S.

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What Kraken's $30M Settlement with SEC Could Mean For Crypto Staking

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