by COINS NEWS - 2 years ago

The SEC isn't coming after Staking they're coming after Staking as a Service. Companies like Coinbase want to get you scared and angry because it will hurt them not you.

Staking as a Service is when exchanges or other 3rd parties take your crypto and stake it on your behalf. They take a commission and award you a cut or your staking profits. This is incredibly attractive to a CEX as it essentially allows them t...

Bitcoin News / Bitcoinist - 2 years ago

Breaking: Kraken Settles With SEC And Ends Staking Services

The Securities Exchange Commission (SEC) charged the two Kraken crypto exchange subsidiaries, Payward Ventures Inc and Payward Trading Ltd, with failing to register and offering their asset staking-as-a-service program.  Kraken agreed to immediately...

More / Bitcoin Reddit - 2 years ago

is this week's crash really caused by the SEC rumor to ban staking? lol this clown market never disappoints

bitcoin doesn't even use staking and the push to ban self-stake is by companies like Coinbase that want to force you to let them hold the keys to your people's pre-mined coins. submitted by /u/hyperinflationUSA [link] [c...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Ethereum co-founder Joe Lubin says no chance ETH is classed as security

The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal. Ethereum co-founder and crypto entrepreneur Joseph L...

Bitcoin News / Google News Bitcoin - 2 years ago

Bitcoin hits $21700 low as the SEC puts a halt to the crypto rally - Kitco NEWS

Bitcoin hits $21700 low as the SEC puts a halt to the crypto rally& & Kitco NEWS

More / Etherum Reddit - 2 years ago

SEC Commissioner Hester M. Peirce dissents with Kraken decision

submitted by /u/Savage_X [link] [comments]

by COINS NEWS - 2 years ago

What SEC did today is the reason why the world needs the decentralisation cryptocurrencies offer.

The primary reason for the invention of Bitcoin was to establish an autonomous, decentralized peer-to-peer payment system. It's perfectly understandable that the SEC would want to see if Kraken's business model is sustainable. But we can nev...

Bitcoin News / Bitcoin.com - 2 years ago

Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC

Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for the unregistered offer of its staking services. Th...

More / Bitcoin Reddit - 2 years ago

JUST IN: SEC Chair explains the importance of self-custody. Take your Bitcoin off exchanges!

​ https://reddit.com/link/10y6u3x/video/z1hwv9dae8ha1/player submitted by /u/hiddntoor [link] [comments]

by COINS NEWS - 2 years ago

The sec posted a short vid about their stance on staking

Steak talk submitted by /u/cajun_spice [link] [comments]

Bitcoin News / Bitcoin Magazine - 2 years ago

Crypto Exchange Kraken Settles With SEC Over Unregistered Staking Services

The Securities and Exchange Commission (SEC) has charged Kraken with failing to register their crypto asset staking-as-a-service program.The Securities and Exchange Commission (SEC) has charged Payward Ventures, Inc. and Payward Trading Ltd., commonl...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Kraken reaches $30M settlement with SEC over staking as IRS seeks user information

“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal....

by COINS NEWS - 2 years ago

SEC Hits Kraken With $30 Million Fine, Orders Crypto Exchange to Halt Staking

submitted by /u/cannainform2 [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Coincover secures $30M in funding to strengthen digital asset security

The funding round was led by Foundation Capital, with follow-on investment from CMT Digital. London-based digital asset protection firm Coincover has secured $30 milli...

by COINS NEWS - 2 years ago

Kraken to Discontinue Unregistered Offer and Sale of Crypto Asset Staking-As-A-Service Program and Pay $30 Million to Settle SEC Charges

submitted by /u/erdal_mutlu [link] [comments]

by COINS NEWS - 2 years ago

Crypto Would Survive an SEC Crackdown on Crypto Staking

submitted by /u/fremanfed [link] [comments]

by COINS NEWS - 2 years ago

Kraken Agreed to Shutter Crypto-Staking Operations to Settle SEC Charges: Source

submitted by /u/Beyonderr [link] [comments]

Bitcoin News / Bitcoin.com - 2 years ago

LBank Secures Virtual Asset Provider Registration to Operate in Italy

PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows the exchange to offer a range of services and products to Itali...

Bitcoin News / Bitcoin.com - 2 years ago

Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers

Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a se...

Cryptocoins News / Finance Magnates - 2 years ago

How Can Blockchain Technology Be Utilized in the Governmental Sector?

<p>Blockchain technology has the potential to address a wide range of challenges faced by governments around the world by providing secure and transparent decentralized systems. </p><p>Could Blockchain Bring Efficiency to the US Gov...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Crypto and securities: New interpretation of US Howey test gaining ground

Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions. The crypto co...

by COINS NEWS - 2 years ago

Coinbase CEO warns the SEC may consider Ethereum a security

submitted by /u/liveaskings [link] [comments]

by COINS NEWS - 2 years ago

SEC Will Make Major Announcement Today, Ripple Settlement?

submitted by /u/UnkownMillionare [link] [comments]

Bitcoin News / Bitcoinist - 2 years ago

Leak Reveals SEC Will Make Major Announcement Today, Ripple Settlement?

FOX Business journalist Eleanor Terrett revealed an explosive leak in a tweet yesterday at 10 pm EST, which could affect the entire crypto industry or allegedly Ripple and its legal battle with the U.S. Securities and Exchange Commission (SEC). Terre...

Cryptocoins News / CoinJournal - 2 years ago

SEC could scrap crypto staking, Coinbase CEO reveals

Coinbase CEO Brian Armstrong tweeted saying The SEC could ban crypto staking Armstrong however said that crypto staking is an essential innovation in crypto. The revelation was met with criticism from Charles Hoskinson who said Ethereum staking is p...