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Coinbase CEO Frets Over 'Rumors' Of US SEC Getting Rid Of Retail Crypto Staking - Coinbase Global (NASDAQ:COIN)

Summary by Ground News
The SEC is considering a ban on cryptocurrency staking for retail customers in the U.S. Staking is the process of owners of cryptocurrencies depositing the tokens back into a blockchain to receive rewards. It is central to validating “proof-of-stake” (PoS) blockchains such as Ethereum.

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  • 60% of the sources are Center
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Coin Desk broke the news in Manila, Philippines on Wednesday, February 8, 2023.
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