SEC


Videos

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.

CoinDesk placeholder image

Videos

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.

Recent Videos

Videos

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.

CoinDesk placeholder image

Finance

Binance Says BUSD ‘Funds Are Safu’ but a Regulatory Cloud Is Forming Over the US

February has been a great month for the narrative that crypto’s natural home is in Asia.

Changpeng Zhao, commonly known as "CZ", founder and CEO of Binance, at Davos in 2023. (Casper Labs)

Policy

Crypto Lender Nexo to Stop EIP for US Clients on April 1

Last month Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of its Earned Interest Product.

Antoni Trenchev Co-Founder Nexo (Shutterstock/Coindesk)

Policy

SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ

Paxos also faces a probe from the New York Department of Financial Services.

Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)

Policy

What Does Kraken's SEC Settlement Mean for Crypto Staking?

Kraken had a pretty lousy day, but the industry is more interested in what this means for staking.

SEC Chair Gary Gensler (Getty Images)

Policy

Former SEC Attorney: Kraken Action Not a Condemnation of 'Staking Writ Large'

However, Zachary Fallon, a partner at law firm Ketsal, said it is an “obvious shot across the bow to others.”

Zachary Fallon (CoinDesk TV, modified by CoinDesk)

Videos

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.

CoinDesk placeholder image