BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Kraken Relaunches U.S. Crypto Staking Services After Two-Year Hiatus

by Sham
January 30, 2025
in Business, Crypto
A A
Kraken Relaunches U.S. Crypto Staking Services After Two-Year Hiatus
9
SHARES
Share on TwitterShare on Reddit
  • Kraken has reintroduced on-chain staking for U.S. clients in 39 states, offering 17 assets like ETH and SOL.
  • The move follows a $30 million settlement with the SEC in 2023 over unregistered securities.
  • Kraken’s staking services now include third-party slashing insurance for added security.

Kraken, one of the oldest names in the crypto game, is back in action with its on-chain staking services for U.S. customers. Yup, after getting slapped by the SEC in early 2023 and coughing up $30 million to settle those pesky unregistered securities charges, they’re giving it another shot. This time, it’s available to users in 39 states and territories.

JUST IN: Kraken Exchange relaunches its crypto staking services for U.S. clients allowing users to stake 17 assets

Including:

• Ethereum $ETH
• Solana $SOL
• Cardano $ADA pic.twitter.com/uV7vnR90lW

— BlockNews (@blocknewsdotcom) January 30, 2025

The exchange confirmed on Thursday that eligible clients can now stake up to 17 different assets—think ETH, SOL, DOT, and ADA—through Kraken Pro. The process involves bonded staking, meaning your tokens are locked in for varying periods based on the blockchain’s rules.

A Softer Stance on Crypto?

Interestingly enough, it seems the U.S. crypto environment is finally easing up. With Donald Trump back in the White House, there’s been a noticeable shift—gone are the harsh restrictions that the SEC enforced during the last administration. Kraken’s move to reintroduce staking services feels like one of the first big signs of this regulatory thaw.

“We Never Gave Up”

“We’ve been thinking for a long time about how to bring staking back to our U.S. clients,” said Mark Greenberg, Kraken’s Global Head of Consumer. In an interview, he called the return of staking “a huge win—not just for Kraken but for the entire U.S. crypto scene.”

The relaunch isn’t just about staking—it’s about security, too. Kraken revealed that U.S. customers will benefit from slashing insurance provided by a third-party partner, offering some peace of mind for those worried about token penalties.

So, yeah, it’s been quite the turnaround. From shutting down staking operations under regulatory heat to launching this more robust, insured version—it feels like Kraken’s making a statement: crypto staking in the U.S. isn’t dead, not by a long shot.

Tags: BlockchaincryptoCrypto StakingKrakenMark Greenberg
Tweet2ShareShare4

DON'T MISS THESE! HOT OFF THE PRESS

Ethereum ETH Hits Biggest Single Day Gain Since May 2024: Here is Why $3K is Next
Crypto

Ethereum ETH Hits Biggest Single Day Gain Since May 2024: Here is Why $3K is Next

May 8, 2025
Analysts Predict MOG Coin Could 4x as mog/acc Trend Gains Momentum With Elon Musk Endorsement
Crypto

Analysts Predict MOG Coin Could 4x as mog/acc Trend Gains Momentum With Elon Musk Endorsement

May 8, 2025
Stellar XLM Technical Indicators Suggest Imminent Breakout: Here is What You Need to Do
Crypto

Stellar XLM Technical Indicators Suggest Imminent Breakout: Here is What You Need to Do

May 8, 2025
$LTC in a Limbo: Is Litecoin Quietly Gearing Up for a Breakout?
Crypto

$LTC in a Limbo: Is Litecoin Quietly Gearing Up for a Breakout?

May 8, 2025
Cardano ADA On the Verge of a Major Comeback: Here are the Key Levels to Watch
Cardano

Cardano ADA On the Verge of a Major Comeback: Here are the Key Levels to Watch

May 8, 2025
$LINK on the Move: Is Chainlink About to Shake Off the Bears?
Chainlink

$LINK on the Move: Is Chainlink About to Shake Off the Bears?

May 8, 2025
Load More

Related News

Ethereum ETH Hits Biggest Single Day Gain Since May 2024: Here is Why $3K is Next

Ethereum ETH Hits Biggest Single Day Gain Since May 2024: Here is Why $3K is Next

May 8, 2025
Analysts Predict MOG Coin Could 4x as mog/acc Trend Gains Momentum With Elon Musk Endorsement

Analysts Predict MOG Coin Could 4x as mog/acc Trend Gains Momentum With Elon Musk Endorsement

May 8, 2025
Trump Say Upcoming U.S.-China Trade Negotiations May Lower 145% Tariffs: Here is Why

Trump Say Upcoming U.S.-China Trade Negotiations May Lower 145% Tariffs: Here is Why

May 8, 2025
Stellar XLM Technical Indicators Suggest Imminent Breakout: Here is What You Need to Do

Stellar XLM Technical Indicators Suggest Imminent Breakout: Here is What You Need to Do

May 8, 2025
$LTC in a Limbo: Is Litecoin Quietly Gearing Up for a Breakout?

$LTC in a Limbo: Is Litecoin Quietly Gearing Up for a Breakout?

May 8, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Newsletter
  • Advertise
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX Gary Gensler grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.