Kraken, one of the biggest crypto exchange has been forced to stop providing staking services by the Securities and Exchanges Commission (SEC).
“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 and safeguards required by our securities laws,” said SEC Chair Gary Gensler.
Source: https://www.trustnodes.com/2023/02/09/kraken-stops-ethereum-staking-fined-30-million