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Kraken's Staking Services Return: A Win for Crypto Enthusiasts and a Sign of America's Growing Embrace of Digital Assets
In a surprising turn of events, Kraken, one of the leading cryptocurrency exchanges, has announced the resumption of its staking services for U.S. customers after a nearly two-year battle. This move comes on the heels of a significant settlement with the Securities and Exchange Commission (SEC), where Kraken agreed to pay a $30 million fine over charges of offering unregistered securities. The reinstated staking services are now available to Kraken Pro users across 37 states and two territories, supporting 17 digital assets, including Ethereum, Solana, Polkadot, and Cardano. This development is seen by many as indicative of a potentially more favorable regulatory environment for the crypto industry under President Donald Trump's second administration, marked by an executive order on digital assets and a more crypto-friendly SEC.
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