Crypto Would Survive an SEC Crackdown on Crypto Staking

by Jeremy

Staking, the method of locking native blockchain tokens to safe the community and obtain rewards, has develop into a serious enterprise line for centralized exchanges seeking to diversify their income streams away from transaction charges. Coinbase is the second-largest ETH staker, although opponents like Kraken and Binance have moved into the enterprise. In some ways, if the SEC is profitable in banning staking applications, decentralized options like Lido and RocketPool, the largest and third largest ETH-based platforms by worth, will profit.

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