The post Kraken Relaunches Crypto Staking Services for US Customers appeared on BitcoinEthereumNews.com.

The US crypto industry is experiencing a significant resurgence under President Donald Trump’s administration. The restructured Securities and Exchange Commission (SEC) is adopting a more accommodative approach, replacing stringent regulations with crypto-friendly policies. As a result, crypto exchange Kraken has reinvented blockchain staking services for US clients. Kraken Brings Back Crypto Staking Products to US In an official announcement, Kraken introduced its new onchain staking services targeting US clients in 39 states and territories. The move marks a significant example of the US SEC’s renewed approach to cryptocurrencies. Notably, the platform allows eligible clients an opportunity to securely stake qualified tokens via Kraken Pro. These clients could participate in bonded staking, a process that involves locking, or “bonding,” their crypto assets to the network for a specific period. The platform also intends to extend its staking services to more US states with regulatory approval. A Move To Influence the Global Crypto Space Mark Greenberg, Kraken Global Head of Consumer, commented that Kraken’s newly introduced crypto staking features would be beneficial for the global crypto space. Greenberg stated, Launching this new staking product in the US is an overwhelmingly positive development, not just for Kraken but also for the entire US crypto space. We are excited to bring back a brand new product enabling US clients to resume staking with Kraken, and playing a significant role in bolstering the underlying security of blockchain networks. Importantly, Kraken, the top crypto exchange, aims to provide US customers with the same crypto staking services currently available to clients in other regions. According to Greenberg, onchain staking services could drive the growth and adoption of cryptocurrencies in the US. Greenberg added, “Kraken serves as a bridge so people can access the crypto space and participate in an increasingly broad range of related activities from an…

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Filed under: News - @ January 31, 2025 6:27 am