Crypto Exchange Coinbase Suspends Algorand Staking Rewards

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Crypto Exchange Coinbase Suspends Algorand Staking Rewards

However, Algorand Foundation’s CEO Staci Warden tweeted on Thursday that the move was in light of regulatory scrutiny. “They’ve [Coinbase] now informed us that they are evaluating their services in light of recent regulatory scrutiny, and, for that reason, they will no longer support Algo rewards for retail customers,” she said. www.coindesk.com

However, Algorand Foundation’s CEO Staci Warden tweeted on Thursday that the move was in light of regulatory scrutiny. “They’ve [Coinbase] now informed us that they are evaluating their services in light of recent regulatory scrutiny, and, for that reason, they will no longer support Algo rewards for retail customers,” she said.



www.coindesk.com