Kraken re-instates crypto staking after $30m SEC settlement
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 30 2025Kraken's Staking Services Relaunch: Kraken has reopened cryptocurrency staking for 17 digital assets in 39 U.S. states, nearly two years after a settlement with the SEC that required it to shut down its previous staking services.
Regulatory Changes and Future Implications: The reintroduction of staking by Kraken may reflect changing regulatory conditions under a new administration, which could lead to clearer rules for the cryptocurrency industry and a potential shift in the SEC's stance on staking as an unregistered securities offering.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
