Bahamas Seeks to Tighten Its Crypto Laws Following FTX Collapse

A bill published for comment includes restrictions on stablecoins, proof-of-work mining and crypto staking.

• 2023-04-26
• The Bahamas FTX consultation document Christina Rolle crypto staking Digital Assets

S. Korean regulators to probe local crypto staking services following U.S. crackdown: News1

S.Korean regulators are planning to review crypto staking services on local exchanges following recent regulatory enforcements from the SEC.

• 2023-02-15
• local services U.S. Securities and Exchange Commission crypto staking cryptocurrency staking

Coinbase CEO says he will “happily defend” crypto staking service against claim it’s a securities product

CEO Brian Armstrong said that the company will defend its staking services in court against claims that they need to be classified as securities.

• 2023-02-13
• Brian Armstrong crypto staking Coinbase

Markets: Bitcoin, Ether fall along with top 10 cryptos; SOL biggest loser

Bitcoin and Ether fell during Asian trading hours on Friday, along with the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization. Solana’s native token notched the biggest loss, following rumors of a potential ban on crypto staking for retail investors in the U.S.

• 2023-02-10
• market capitalization biggest loser Bitcoin retail investors crypto staking

US Crypto Staking Crackdown Seen as ‘Huge Gift’ for Decentralized Services

(Bloomberg) -- Decentralized finance apps such as Lido, Rocket Pool and StakeWise may benefit from the US Securities & Exchange Commission’s crackdown on crypto staking services — if they avoid a similar clampdown.Most Read from BloombergRussia Blames US for Nord Stream Blasts, Threatens ConsequencesCommodity Trader Trafigura Faces $577 Million Loss After Uncovering Nickel FraudUS Makes Case That Chinese Balloon Was Part of Spying ProgramUS Takes Custody of Venezuela Embassy in Wake of Guaidó Vo

• 2023-02-10
• Bloomberg Decentralized finance crypto staking Kraken Securities & Exchange Commission

Crypto industry fears a staking ban, as some turn to bitcoin: ‘It has always been on the safe side of regulation’

Some crypto industry participants fear that a charge brought by the U.S. Securities and Exchange Commission against crypto exchange Kraken may lead to a ban on digital asset staking.

• 2023-02-10
• U.S. Securities and Exchange Commission SEC crypto staking staking

SEC Intensifies Crypto Enforcement With Exchange Settlement

Digital asset platform Kraken agreed to stop offering so-called crypto staking services in the U.S. and pay $30 million in penalties.

• 2023-02-10
• Gary Gensler SEC crypto staking crypto exchange investors

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

Crypto Exchange Kraken Agrees to Settle SEC Probe Over ‘Staking’ Business

Kraken will agree to wind down a major segment of its business and pay $30 million as part of an enforcement settlement with the Securities and Exchange Commission.

• 2023-02-10
• Gary Gensler SEC Kraken crypto staking investors

Coinbase CEO Armstrong Decries Rumors of Possible US SEC Ban on Crypto Staking

(Bloomberg) -- Coinbase Global Inc.’s head Brian Armstrong escalated his war of words with the Securities and Exchange Commission, warning he’d heard rumors the agency wants to ‘get rid of’ crypto staking by retail investors.Most Read from BloombergMeta Asks Many Managers to Get Back to Making Things or LeaveGeorge Santos Gets Into Fight With Mitt Romney at State of the Union DebutDeSantis Chides Trump as Republicans’ 2024 Presidential Race Heats UpBiden Taunts Xi Days After Shooting Down Chines

• 2023-02-09
• Brian Armstrong Bloomberg Coinbase SEC crypto staking