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Ethereum World News
2023-02-10 14:10:41

Crypto Mom Lambasts SEC Over Kraken Staking Decision And $30 Million Fine

Crypto Mom Lambasts SEC Over Kraken Staking Decision And $30 Million Fine

Summary: SEC Commissioner Hester Pierce disagreed with the regulator’s move to shut down Kraken’s staking service. Pierce noted that the decision was not a fair way of regulating the crypto industry and that digital asset staking models differ. Kraken was ordered to shut down its staking service for U.S. customers in addition to a $30 million fine for not registering its offering with the commission. The news emerged shortly after Coinbase CEO Brian Armstrong pointed to rumors about Gary Gensler’s

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