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Nalezeno "SEC": 49135

Former SEC Attorney: Kraken Action Not a Condemnation of 'Staking Writ Large'

10.2.2023
Zachary Fallon, a partner at law firm Ketsal, says that because the government agency relies on a circumstances based test, it may need to adjust its response to other crypto firms that engage in staking-as-a-service

Staking ban is another nail in crypto’s coffin — that’s a good thing

10.2.2023
The SEC’s move to ban staking is going to encourage more people to move toward decentralized options beyond the agency’s reach

SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool

10.2.2023
Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?

Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program

10.2.2023
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service. Kraken’s CEO Responds to SEC Action Kraken...

US lawmakers question SEC chair on timing of Sam Bankman-Fried's arrest

10.2.2023
"The timing of the charges and his arrest raise serious questions about the SEC’s process and cooperation with the Department of Justice," said Representatives McHenry and Huizenga

Coinbase’s Staking Service Faces Questions After Kraken’s SEC Settlement

10.2.2023
Though Coinbase’s (COIN) current revenue from staking is relatively small, there is potential for speedy growth if the U.S. Securities and Exchange Commission (SEC) doesn’t crack down on the service altogether

SEC Did Not Consult Industry Before Kraken Crypto Staking Charges: Commissioner Peirce

10.2.2023
The U.S. Securities and Exchange Commission did not attempt to consult with the crypto industry before this launching this week’s unregistered securities crackdown on staking-as-a-service, Commissioner Hester Peirce said Friday

SEC chair issues warning to crypto firms after action on Kraken staking

10.2.2023
“Don’t have your hand in the customer’s pocket, using their funds for your own platform," Gary Gensler said to companies that needed to register with the SEC

Ether Liquid Staking Platforms Will Benefit as SEC Actions Likely Fail to Deal DeFi's Knockout Blow

10.2.2023
Lido and Rocket Pool didn’t immediately see a massive rush in of capital after Kraken announced it had settled with the SEC

SEC Chief Gensler Warns Crypto Firms to Comply With Rules After Kraken Shutters Staking Program

10.2.2023
Other platforms that offer yield-earning programs should "take note" and come into compliance, the regulator said a day after crypto exchange Kraken said it will pay a $30 million fine to settle SEC charges

First Mover Americas: Kraken's SEC Settlement Sends Crypto Markets Tumbling

10.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

The IRS is Taking Action to Uncover Identities of This Crypto Exchange's Customers – Who Will Be Affected?

10.2.2023
According to the Internal Revenue Service (IRS), the American tax authority, Kraken, the giant crypto exchange, failed to provide requested information regarding its US customers who conducted crypto transactions worth $20,000 or more between 2016 and 2020. The major exchange has allegedly been...

Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs

10.2.2023
Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day

Ethereum price risks 20% correction amid SEC's crackdown on crypto staking

10.2.2023
Ethereum may experience a drop in user activity alongside ETH price with crypto staking in the crosshairs of the SEC

‘Kraken Down’ — SEC commissioner rebukes own agency over recent action

10.2.2023
"Today, the SEC shut down Kraken’s staking program and counted it as a win for investors. I disagree and therefore dissent," said commissioner Hester Pierce

Ethereum co-founder Joe Lubin says no chance ETH is classed as security

9.2.2023
The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal

Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC

9.2.2023
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for the unregistered offer of its staking services. The exchange will also pay $30 million...