Kraken CEO Jesse Powell and Coinbase Executive Slam SEC’s ‘Misinformed’ Staking Ban

Kraken CEO Jesse Powell and Coinbase Executive Slam SEC’s ‘Misinformed’ Staking Ban

Alt coin
February 13, 2023 by secret
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[ad_1] Kraken CEO Jesse Powell and Coinbase’s chief legal officer Paul Grewal are vocally criticizing the U.S. Securities and Exchange’s (SEC) latest enforcement action against crypto staking. SEC chair Gary Gensler told CNBC in an interview that Kraken was not disclosing to the public the complete risks associated with staking their digital assets on the