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Lyft Earnings Hit the Skids

Bloomberg Businessweek

The SEC's Crackdown on Staking in Cryptocurrency

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The SEC is cracking down on staking, or the practice of using virtual money to validate real-world transactions. It's part of a broader effort by regulators to make sure that traditional finance and crypto are in compliance with regulations. Staking works like this: You agree to let an exchange hold your tokens for free; they then use them to verify other transactions.

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