Coinbase Will Happily Defend Staking Services in Court, Says Brian Armstrong
Coinbase CEO Brian Armstrong has recently opened up about its staking services and what the exchange would do regarding them if they were threatened by regulation. Following the SEC’s accusations, cryptocurrency exchange Kraken reportedly had to shut down its cryptocurrency-staking operations. Kraken was additionally required to pay $30 million in settlement fees. Read more: Baby Doge Coin Burn Portal to Go Live on Monday, Enters 78th Rank The exchange’s staking program, which enables investors to receive a yield, was not registered, according to the SEC. According to Gensler, any of these exchanges can quickly register by completing a form on the SEC’s website. JUST IN: Coinbase CEO says they will happily defend their staking services in court if needed, following Kraken SEC charges. — Watcher.Guru (@WatcherGuru) February 12, 2023 Coinbase CEO will defend their cryptocurrency staking in the court The SEC has been eyeing cryptocurrency ...