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

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Kraken Agreed to Shutter Crypto-Staking Operations to Settle SEC Charges: Source
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SCOOP: krakenfx agreed to shut crypto-staking service in SECgov settlement, according to a source. nikhileshde reports

Kraken has agreed to shut its cryptocurrency-staking operations to settle charges with the U.S. Securities and Exchange Commission , according to an industry source briefed on the matter.

A Kraken spokesperson declined to comment. SEC spokespeople didn’t immediately return requests for comment.

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