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CATEGORY: sec crackdown

IMF backs Nigeria crypto adoption amid local SEC crackdown
Author: Cointelegraph by Alek Hidell
United States
Source: Cointelegraph.com News
May 11, 2024 12:00

IMF backs Nigeria crypto adoption amid local SEC crackdown

The IMF recommendation sets out to remedy the macroeconomic challenges Nigeria faces while attracting global investment.

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Coinbase reassures customers on staking services amid SEC crackdown
Hong Kong
Source: Blockchain News
Mar 11, 2023 06:55

Coinbase reassures customers on staking services amid SEC crackdown


Despite the SEC's crackdown on staking services provided by centralized providers, Coinbase has informed its customers that its staking services will continue and may even increase. Coinbase has updated its staking terms and conditions, stating that users earn rewards from decentralized protocols, not from the exchange itself. The SEC has expressed concerns over users losing control of their tokens when using staking programs. Coinbase has argued that its staking services are fundamentally different from competing exchanges like Kraken. (Read More)

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