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HomeCrypto NewsLiquid Staking Tokens Rally as Kraken Settles with SEC to Sunset Staking...

Liquid Staking Tokens Rally as Kraken Settles with SEC to Sunset Staking Service

Staking is the consensus mechanism to validate transactions for proof-of-stake blockchains, including Ethereum, which also offers a way for investors to earn yield on their digital asset holdings. However, the SEC has been vocal about its concerns that staking services are the equivalent of unregistered securities according to present regulations.

www.coindesk.com

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