Thursday, 5 March, 2026
Kraken Ceases Crypto Staking Services for US Clients After $30M SEC Charge
By Basit Ansari
<p>Kraken, a cryptocurrency exchange, has discontinued its crypto staking services for its US clients due to a $30 million SEC (Securities and Exchange Commission) charge. The move follows the SEC's recent enforcement action against crypto staking providers for offering unregistered securities. The decision has come as a surprise to many in the crypto industry, as Kraken was one of the first exchanges to offer staking services. </p>
Read full story at FT
Tags: