Besieged crypto exchange Kraken’s Australian “staking” products will remain in operation, despite the company being fined $US30 million ($44 million) by United States regulators, and an incoming wave of law enforcement that has crypto operators bracing for new stringent rules.
As an Australian Senate committee meets on Tuesday to discuss whether digital assets should be treated as foreign currency, the Securities and Exchange Commission has forced Kraken to wind up its “staking” products in the US.
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