has to be soon. don't they also offer staking yield.
however this is infuriating to a business. the sec could have just issued a statement that they view staking services as a security instead of issuing a fine.
And here's the Tweet that kicked off the Twitter thread from the SEC announcing this:
Today we charged Kraken with failing to register the offer and sale of their crypto asset staking-as-a-service program, whereby investors transfer crypto assets to Kraken for staking in exchange for advertised annual investment returns of as much as 21 percent.
The most responsible exchange that has weathered all the storms since 2013 and SEC decides to file a complaint
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Kraken email announcement from 9 February 2023
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Ah, the chickens are coming home to roost. This is great for Bitcoin!
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wen coinbase?
Soon, if Brian Armstrong's recent Twitter posts are anything to go by.
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has to be soon. don't they also offer staking yield.
however this is infuriating to a business. the sec could have just issued a statement that they view staking services as a security instead of issuing a fine.
Absolutely @ infuriating
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Here's the SEC's press release:
https://www.sec.gov/news/press-release/2023-25
And here's the Tweet that kicked off the Twitter thread from the SEC announcing this:
https://twitter.com/SECGov/status/1623777921499336710 [Nitter]
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