Crypto News

Kraken exchange encryption launch new works for Ethereum, Solana

Top American Crypto Exchange Kaken has announced a new product for customers in the United States – two years after the organizers sued the company to provide a similar service.

A spokesman for Kraken told Krakn Decipher. “Kraken offers just administrative support for support on Blockchain by connecting the customer’s distinctive symbols to the network.”

The Stock Exchange, which is based in San Francisco, said on Thursday, starting today, that American customers in 37 states and two regions will be able to share their digital assets through the Kraken Pro service.

“These clients will be able to participate in Stoke Bonded, which closes/Bonds Crypto network assets for a specific period of time.”

Staking is the Cryptocurrency “lock” process to maintain the Blockchain network. Those who carry Evidence of ascension Assets – like ETHEREUM (ETH)The second largest digital currency – revitalize it to the network by sending it to a specific Blockchain address. Once they do so, Stakers receive rewards as long as they keep their origins.

But the process, sometimes, was controversial. In 2023, the Securities and Stock Exchange Committee He hits Kraken with a fine of $ 30 million and ordered it to stop the smoke service. Former Chairman of the Board of Directors of the organizer, Gary Ginsner, He said At a time when the stock exchange was a profit by allowing customers to share unregistered securities.

But SEC now has a file More Chairman of the Board of Directors for encryptionPaul Atkins, after President Donald Trump was elected in November. The new American leader promised to help the digital asset industry.

“We are excited to restore a new product that enables customers to appeal with KAKEN and played an important role in enhancing the basic security of Blockchain networks,” Mark Greenberg’s global consumer president, Mark Greenberg, said in a statement.

A number of higher cryptocurrencies require participating users, including Cardanoand SolanaAnd Dotted.

Edit Stacy Elliot.

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2025-01-30 19:39:00

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