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The UK regulator is taking steps to simplify bond rules in an effort to stimulate investment in the UK market. This initiative follows a broader context of regulatory changes, including a recent rule change that has positively impacted crypto staking, particularly for the Kraken exchange. Kraken has announced it will reintroduce on-chain staking for U.S. clients across 37 states, supporting 17 different assets, including Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Cardano (ADA). This move comes after Kraken's $30 million settlement with the SEC in 2023, reflecting the company's adaptability to the evolving regulatory landscape.
Kraken’s back with on-chain staking for U.S. traders, proving that when life gives you regulatory lemons, you make crypto lemonade—complete with slashing insurance.
KRAKEN NAVIGATES REGULATORY SHIFT, REINTRODUCES STAKING Kraken is relaunching onchain staking for US clients in 37 states—supporting 17 assets, including ETH, SOL, DOT, and ADA. A strategic step after its $30M SEC settlement in 2023, indicating a more adaptable regulatory… https://t.co/DYaiPBhKB2
Staking DOT just got easier... ICYMI: @krakenfx is offering US customers in eligible states to stake Polkadot 🇺🇸 Release the kraken, Kraken.