Can Coinbase Shake Off Regulatory Risk After Kraken’s Shakedown?
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ValueWalk
ValueWalk
Staking services may see more regulation or be prohibited altogether by the U.S. Securities and Exchange Commission (SEC).The SEC imposed a $30 million penalty fine on the Kraken crypto exchange and forced its staking service to shut down in the U.S.Coinbase may face more scrutiny and regulatory and legislative actions from various U.S. agencies over its crypto products.Coinbase shares have a 23.81% short interest.5 stocks we like better than Coinbase GlobalCryptocurrency platform and exchange Coinbase Global Inc. (NASDAQ:COIN) stock has rallied 94% in 2023. While it may appear impressive, sha…