‘A Paternalistic and Lazy Regulator’: What the SEC-Kraken Staking Settlement Means for Crypto
The Breakdown
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Cryptocurrency Markets - What's Next?
New York Department of Financial Services is investigating stablecoin issuer Paxos. IRS also made an announcement saying that they'd be seeking a court approval to enforce a summons for Kraken's user data, which they said has gone uncomplied with since being issued in 2021. Markets of course did not like all of this and Bitcoin fell down under 22,000, about 4.3% down since yesterday.
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