Tag Archives: News

With the recent news surrounding Kraken and the SEC, many digital currency participants believe a staking ban could be around the corner. Could Kraken Just Be the Start? Earlier today, Live Bitcoin News put out an article talking about how popular digital currency exchange Kraken had settled with the SEC and agreed to shut down its staking program as part of the settlement. The company will also part with more than $30 million in penalty fees. A spokesperson for Kraken...

Christopher Waller is the Federal Reserve board governor. In a recent interview, he made it clear he’s not a fan of the digital currency space, nor does he think crypto assets have any real value to them. Christopher Waller Is Concerned About Crypto In the discussion, Waller said that most digital currencies were “speculative” and comparable to baseball cards. He also said that the only value they have stems from the belief of others. He stated: If you buy crypto assets...

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It looks like Brian Armstrong of Coinbase fame was right to be as concerned as he was about the SEC and other organizations targeting crypto staking. In the latest headlines, the Securities and Exchange Commission has gone after Coinbase’s competitor Kraken. The exchange has agreed to shut down all its staking services as part of a settlement agreement and pay up to $30 million in fees. SEC Goes After Kraken In a complaint against the Northern California-based trading...

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