First Mover Asia: Bitcoin Might Test $20K as It Looks for Support

ALSO: The SEC's move on Kraken's staking program last week shouldn't be seen as an indictment of staking as a whole. Bitcoin dropped below $21.7K at one point over the weekend.

• 2023-02-13
• Kraken SEC

Kraken ends its crypto-staking services for US clients following $30M SEC charge

Kraken has settled charges with the U.S. Securities and Exchange Commission (SEC) and is shutting down its on-chain staking program, the government agency shared on Thursday. In response to the settlement, Kraken has agreed to end its on-chain staking services for U.S. clients, a spokesperson for the exchange told TechCrunch. As part of the settlement, Kraken has neither admitted nor denied the SEC’s allegations, the spokesperson added.

• 2023-02-10
• Kraken SEC crypto staking