The SEC recently charged Kraken with selling unregistered securities for providing staking services. Just yesterday, the CEO of COINBASE raised the possibility of the SEC trying to get rid of crypto staking in US
Unwelcome by PoS community
This action by the SEC is not welcomed by the crypto community, and this is leading to speculation that the staking facility for US crypto holders will soon be closed.
Bitcoin Magazine Taunt Exchanges Again
Bitcoin Magazine shows SEC Chairman Gary Gensler's behavior as explaining the importance of taking bitcoin off exchanges and making it into self-custody.
Staking Ban will only effect PoW interest
Staking is a crypto technology that cannot be stopped; US crypto enthusiasts too can stake their crypto in their self-custody wallets. But for this, people have to turn to PoS crypto. PoW cryptos, such as bitcoin, are unstakable; the only way to earn interest is to invest in third-party platforms.
