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SEC
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details and the wider implications for crypto regulation.

Algorand Foundation CEO on Kraken's SEC Settlement and the Lack of Regulatory Clarity
Algorand Foundation CEO Staci Warden weighs in on the staking debate after crypto exchange Kraken halted its U.S. crypto staking service in a settlement with the U.S. Securities and Exchange Commission (SEC). Plus, She explains how the lack of regulatory clarity led to this development, saying, "they're being punished as opposed to given guidance."

How SEC's Enforcement Action on Kraken Impacts the Wider Crypto Industry
Crypto exchange Kraken is ending its crypto staking service for U.S. clients and is paying a $30 million fine in a settlement with the U.S. Securities and Exchange Commission (SEC). Launchnodes Co-founder and CEO Jaydeep Korde discusses why he believes this is a "positive" development for the industry and his business.

Algorand Foundation CEO on Crypto-Staking After Kraken’s SEC Settlement
Coinbase CEO Brian Armstrong says he's heard rumors the U.S. Securities and Exchange Commission would like to ban retail investors from engaging in cryptocurrency staking. Algorand Foundation CEO Staci Warden discusses what this could mean for crypto stakers, as Kraken shut its staking services as a part of its SEC settlement. Plus, the latest on Algorand Foundation's partnerships in India for Web3 growth.

Launchnodes CEO on Kraken Shutting Down Its US Staking Program
Crypto exchange Kraken is ending its crypto staking services for U.S. clients and paying a $30 million fine in a settlement with the U.S. Securities and Exchange Commission (SEC). Jaydeep Korde, founder and CEO of non-custodial Ethereum staking services provider Launchnodes, discusses what this means for his business operations and the crypto industry at large.

Bitcoin, Ether Falling as Paxos To Stop Minting Stablecoin BUSD
Bitcoin slipped below $22,000 as stablecoin issuer Paxos announced the company would stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS). This comes after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). Tastycrypto Head of Digital Assets Ryan Grace discusses how this will impact the market sentiment.

Binance affirme que les fonds BUSD sont « sûrs », mais un nuage réglementaire se forme au-dessus des États-Unis
Février a été un mois formidable pour faire comprendre que le foyer naturel des crypto-monnaies se trouve en Asie.

Bitcoin Below $22K as Traders React to Kraken Shutting US Crypto-Staking Service
Bitcoin (BTC) is trading below $22,000 as traders react to Kraken shuttering its crypto staking-as-a-service platform for U.S. customers and the crypto exchange's $30 million settlement with the SEC. CoinDesk Crypto Markets Analyst Glenn Williams Jr. shares his markets analysis as the largest cryptocurrency by market capitalization has fallen roughly 7% in the last week.

What SEC's Enforcement Action on Kraken Could Mean for Crypto Industry
Crypto exchange Kraken will pay a $30 million settlement fine to the U.S. Securities and Exchange Commission (SEC) and halt its staking service for U.S. customers. Former SEC Attorney and Ketsal partner Zachary Fallon says the agency's enforcement action shows the SEC's "increasing focus on intermediaries in this space."
