American regulators 🦅 continue trying to intimidate the crypto industry, and this week they may have even succeeded in doing so. ⚔️ The SEC (Securities and Exchange Commission) has forced Kraken exchange to pay a $30 million fine and close its US staking services, arguing that they amounted to a sale of securities and raising questions about the fate of CeFi lending products in the US.
Can the SEC really hurt crypto?
Can the SEC really hurt crypto?
Can the SEC really hurt crypto?
American regulators 🦅 continue trying to intimidate the crypto industry, and this week they may have even succeeded in doing so. ⚔️ The SEC (Securities and Exchange Commission) has forced Kraken exchange to pay a $30 million fine and close its US staking services, arguing that they amounted to a sale of securities and raising questions about the fate of CeFi lending products in the US.