Coinbase will 'fortunately defend' staking in US courts, says CEO

Crypto change Coinbase (NASDAQ:)’s executives are standing up for its crypto staking providers, claiming it can’t be categorised as a safety, and threatening to carry the matter to the courts in the US.

Coinbase CEO Brian Armstrong posted on Twitter that the corporate will “defend this in courtroom if wanted.” The transfer follows the settlement reached by crypto change Kraken with the Securities and Alternate Fee on Feb. 10 to cease providing staking providers or packages to purchasers within the nation.

Proceed Studying on Coin Telegraph