Additionally, it is also expected to close down its crypto-lending product. The settlement comes in the wake of allegations by the SEC that Kraken engaged in the offering of unregistered securities.
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Kraken Crypto-staking Likely to Stop After SEC Allegations
In order to settle a lawsuit from the U.S. Securities and Exchange Commission, Kraken will shutter its cryptocurrency-staking operations says a source familiar with the matter. So reports Coindesk.
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