Coinbase: Kraken Staking Settlement Is A Bad Sign Of What’s To Come

On Thursday, crypto exchange Kraken agreed to “immediately” end its crypto staking-as-a-service platform for U.S. customers and pay a US$30 million fine to settle SEC charges that it was offering and selling unregistered securities. This agreement represents a significant threat to Coinbase Global, Inc.’s (NASDAQ: COIN) current and future revenue streams. Staking entails an account holder allowing their cryptocurrency … Continue reading Coinbase: Kraken Staking Settlement Is A Bad Sign Of What’s To Come