South Korean financial regulators plan to probe into crypto staking services on local exchanges considering the recent Kraken-SEC case. According to a local South Korean publication, Korean financial ...
Tag: Kraken
South Korea to examine crypto staking services following the Kraken case
As reported by a local publication on Feb. 15, Korean financial authorities are looking into the staking services market. However, as the unnamed official specified to the journalists: The fears of th...
Gensler opens new regulatory front for crypto firms: custody
SEC Chair Gary Gensler signaled an escalation to his post-FTX crackdown on the crypto industry on Wednesday, saying that digital asset firms are in broad violation of current custodial rules meant to ...
The SEC Goes After Unregistered Securities
Getty Images Key takeaways The SEC has recently escalated its campaign against unregistered securities, which they claim put investors in risky situations without enough transparency Kraken has shut d...
This Week on Crypto Twitter: Gensler Unleashes Critics for Cracking Down on Kraken
Illustration by Mitchell Preffer for Decrypt The crypto market’s steady growth since the start of 2023 was checked by pronounced losses this week. Bitcoin and Ethereum’s price drops managed to stay wi...
Kraken And Coinbase Bosses Square Off With The SEC –
Join Our Telegram channel to stay up to date on breaking news coverage The U.S. Securities and Exchange Commission (SEC) has recently enforced action against crypto staking. However, Kraken CEO Jesse ...
Is DeFi in Trouble? Largest Crypto Staker Lido Sounds Alarm After SEC’s Kraken Crackdown
Lido Finance, one of the largest liquid staking programs with over 5 million staked Ethers, has issued uncertainty concerns on the status of Decentralized Financial ecosystems (DeFi) following last we...
Bitcoin treads water under US$22,000 following SEC action on Kraken, Ether falls
Bitcoin was little changed in Monday morning trading in Asia in a mixed morning for the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin traded under US$22,000 after the U.S.-b...
Kraken CEO Jesse Powell and Coinbase Executive Slam SEC’s ‘Misinformed’ Staking Ban
Kraken CEO Jesse Powell and Coinbase’s chief legal officer Paul Grewal are vocally criticizing the U.S. Securities and Exchange’s (SEC) latest enforcement action against crypto staking. SEC chair Gary...
Kraken Action Not a Condemnation of ‘Staking Writ Large’
The Securities and Exchange Commission’s (SEC) shutdown of crypto exchange Kraken’s U.S. staking-as-a-service business may certainly lead to a wider industry crackdown. However, “this is not a condemn...
What Ethereum Staking Means After the Kraken Crackdown
Join Our Telegram channel to stay up to date on breaking news coverage The outcome of Kraken’s settlement with the Securities and Exchange Commission will have a significant impact on the cryptocurren...
crypto community supports Turkey and Syria, SEC goes after Kraken, FTX desperate for funds
The past week in crypto saw various charitable acts, regulatory developments, and market fluctuations. The cryptocurrency community demonstrated its philanthropic spirit by participating in several ef...
Kraken staking ban is another nail in crypto’s coffin — and that’s a good thing
Rumors of an impending crypto ban came to fruition on Feb. 9 with the Securities and Exchange Commission’s enforcement action against Kraken, which resulted in a settlement where the exchange agreed t...
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
The United States Securities and Exchange Commission is ramping up pressure on the crypto sector. On Feb. 9, the SEC reached a $30 million settlement with Kraken over the centralized staking program i...
Kraken agrees to shut crypto staking in the US and pay a $30m fine to the SEC
Join Our Telegram channel to stay up to date on breaking news coverage The recent rumors said that the US authorities are planning to crack down on staking in the country, as they are beginning to vie...
Coinbase Diversified Revenue With Staking — Now Comes The SEC
As crypto comes to terms with the SEC’s latest regulation by enforcement — suing and settling with Kraken over its staking services — its direct rival Coinbase seems destined to be adversely affected....
Kraken Questioned By The SEC Over The Sale Of Unregistered Securities
Join Our Telegram channel to stay up to date on breaking news coverage What – Kraken has appeared on the radar of the U.S. SEC due to its sale of alleged unregistered securities. Why – The crypto exch...
Commissioner Peirce breaks with SEC over Kraken enforcement
Commissioner Peirce published a statement on Thursday explaining her opposition to the SEC’s shutting down of Kraken’s staking program. Longest serving commissioner Hester Peirce is one of the current...
Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Price Lingers Below $21.9K
Ether, the second-largest crypto by market cap, behaved similarly, dropping from its previous support comfortably above $1,600 to about $1,546, a 6.6% decline from Wednesday same time, that was part o...
Kraken Trading Volume up 20% Despite SEC Crackdown: Here’s What’s Happening
American multinational digital currency trading platform Kraken has seen a jump in its trading volume despite having fallen into the crosshairs with the United States Securities and Exchange Commissio...
Bitcoin and Ether Sink As Kraken Settles With SEC
Both bitcoin (BTC) and ether (ETH) broke downwards after Kraken’s SEC settlement, having traded tightly between two key levels for nearly three weeks. The bellwether crypto began selling off at around...
Coinbase Stock Plunges After SEC’s Action Against Kraken
Kraken trading volume slipped more than 35% in the last 24 hours Analysts say that the market may mirror the impacts of the SEC ruling Bitcoin trading volume slipped by 22% in last 24 hours Krake...
SEC Commissioner Blasts ‘Paternalistic and Lazy’ SEC
SEC Commissioner Hester Peirce lashed out at her own agency on Thursday over its decision to slap Kraken with two charges — forcing the crypto exchange to shutter its staking operations. Kraken ...
Kraken Agrees to Cease Staking Services for U.S. Clients
The United States Securities and Exchange Commission and the cryptocurrency exchange Kraken have come to an agreement that will result in Kraken no longer providing staking services or programs to cus...
Ethereum (ETH) Price Prediction 2025-2030: Despite Kraken blow, ETH remains undeterred
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. At press time, the price of Ether...
Kraken Agrees To Shutter Staking As Part Of SEC Settlement
Cryptocurrency exchange Kraken and the United States Securities and Exchange Commission (SEC) have reached a settlement under which Kraken will pay a $30 million fine and shutter its staking business....
What the Kraken Crackdown Means for Ethereum Staking
There’s a lot at stake in how Kraken’s settlement with the Securities and Exchange Commission plays out for the crypto industry. On Thursday afternoon, the SEC announced that crypto exchange Kraken ag...
SEC Chair Gary Gensler Issues Stern Warning To Crypto Firms, Demands Compliance Following Action on Kraken Staking
In the world of cryptocurrencies, the U.S. Securities and Exchange Commission (SEC) is considered the watchdog. The SEC ensures that investors are protected from fraudulent and illegal activities in t...
Armstrong Responds to Grewal’s Comment: SEC Settles Kraken Case
Brian Armstrong responded to Paul Grewal’s comment on the former’s post. Armstrong previously posted about the rumors on SEC’s settlement with Kraken. Following the tweet, SEC settled the case and Gre...