Thanks SEC – for showing us why we need DeFi
The Securities and Exchange Commission has finally stuck its talons into crypto. After all the feisty rhetoric from chief hawk Gary Gensler and the heightened scrutiny since FTX, America’s financial guardian has cracked down on staking and stablecoins. On February 9, the SEC announced charges against Kraken for failing to register its staking-as-a-service programme. Separately, …