Kraken Reinstates Crypto Staking for Customers in 39 States
Kraken has resumed blockchain staking products for American customers, indicating a shift in the U.S. crypto environment. Key points include:
- Staking available in 39 states via Kraken Pro
- Bonded staking involves locking tokens for specific periods
- Previously, in February 2023, Kraken ended its staking service and settled SEC charges for $30 million
- Mark Greenberg highlighted the importance of staking in crypto
- U.S. clients can stake 17 assets, including ETH, SOL, DOT, and ADA
- Assets are covered by slashing insurance from a third-party provider