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ROLLUP: Operation Choke Point | SEC Crypto Staking Crackdown | Genesis Earn Repayment | a16z Uniswap
Bankless
The SEC Wants to Get Rid of Crypto Staking
The SEC's Jerry Gensler called NFTs a gateway token during his speech about the dangers of crypto. It remains to be seen if this would extend outside of kind of the institutional staking of of a coin base or centralized exchange, David says. The age old line is you cannot ban Bitcoin but can only ban your citizens from accessing it. You're just doing it to service to your own citizens.
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