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It remains unclear whether the U.S. Securities and Exchange Commission’s (SEC) enforcement action against cryptocurrency exchange Kraken represents a broader crackdown on staking, according to Timothy Massad, former Commodity Futures Trading Commission (CFTC) chairman.
“We’ll just have to wait and see as to whether the SEC sheds more light on what type of staking is permissible and what’s not,” Massad said.
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