Kraken, a prominent cryptocurrency exchange, has reintroduced blockchain staking products for its American customers, signaling a positive shift in the regulatory environment for crypto assets in the US. Customers in 39 eligible states can now use Kraken Pro to participate in bonded staking, locking up tokens for specific periods. This move comes after Kraken settled charges with the Securities and Exchange Commission (SEC) in March 2023, agreeing to pay $30 million and ending its staking-as-a-service platform for US customers. Mark Greenberg, Kraken's Global Head of Consumer, described the reinstatement as a positive development for both Kraken and the entire US crypto space. Kraken's clients in select US states will now have access to staking 17 assets, including popular cryptocurrencies like ETH, SOL, DOT, and ADA. Additionally, US clients' assets will be covered by slashing insurance from a third-party provider.



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