SEC Just Kill Crypto Staking In The US? – Gary Gensler Explains Staking as a service

The U.S. Securities and Exchange Commission charged Kraken for the unregistered offer & sale of securities thru its staking-as-a-service program.

Gary Gensler explains that whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries must provide the proper disclosures & safeguards required by our laws.