THE HASH: SEC’s Gensler Warns Crypto Firms to Comply With Rules After Settlement with Kraken

The most valuable crypto stories for Friday, Feb. 10, 2023. 

“The Hash” panel weighs in as U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is warning other platforms to “take note” of crypto exchange Kraken’s move to halt its staking service in the country and cough up a $30 million fine. This comes as SEC Commissioner Hester Peirce issued a public dissent to her agency’s latest enforcement action. Plus, a closer look at PayPal’s bitcoin holdings. And, a popular song released by Rihanna offered as a non-fungible token (NFT) through a Web3 music startup.

See also: ​​

What Does Kraken’s SEC Settlement Mean for Crypto Staking?

SEC Did Not Consult Industry Before Kraken Crypto Staking Charges: Commissioner Peirce

Coinbase’s Staking Service Faces Questions After Kraken’s SEC Settlement

This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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