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Why the Future of U.S. Crypto Staking Is at Stake

Raoul Pal: The Journey Man

English - February 10, 2023 19:09 - 57 minutes - ★★★★ - 19 ratings
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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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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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