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

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 se

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.

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