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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