Kraken Crackdown: US SEC Targets Crypto 'Staking' as Crypto Firm Agrees to Shutter Unregistered Program

Kraken, a popular crypto exchange, on Thursday agreed to pay $30 million (roughly Rs. 250 crore) in penalties and shut down its crypto "staking" service as part of a settlement with the US Securities and Exchange Commission. The SEC was probing the crypto exchange on charges that it failed to register its program that allowed customers to "stake" crypto tokens and ear...

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