SEC enforcement towards Kraken opens doorways for Lido, Frax and Rocket Pool

The US Securities and Change Fee is ramping up stress on the crypto sector. On Feb. 9, the SEC reached a $30 million settlement with Kraken over the centralized staking program it provided to its customers.

The information of the crackdown despatched the value of (BTC) to a three-week low as buyers grew to become terrified of the regulatory enforcement. Ether’s (ETH) value additionally corrected on the information, cementing the token’s worst-performing day of 2023.

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