“Paternalistic and Lazy”: SEC Commissioner Blasts Agency Crackdown on Kraken
Commissioner Hester Peirce said the SEC had failed to issue proper guidance on staking products. Photo: Greg Kahn. Shutterstock image by DCStockPhotography Key Takeaways The SEC is forcing Kraken to shut down its staking services in the United States, claiming the platform failed to properly register the program. SEC Commissioner Hester Peirce disagrees with the decision. She argued that Kraken wouldn’t have been able to register its products with the SEC even if it had wanted to. SEC
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