TL; dr
KRAKEN resumed the US streaming service for nearly two years due to confrontation with the SEC. Staking can lock digital assets such as Solana and Etherna, verify the transaction, and get rewards in return. In addition to Solana and EtherEum, Exchange can be used in 37 states and two US territory, betting assets such as Polkadot and Cardano.
Kraken, one of the most important exchanges in the market, has resumed stating services for US customers.
With this product, the user locks digital assets such as Solana and Etherna, contributes to verification of transactions in each network, and gains rewards in return. The service will be available in 37 states and two US territory. This is an important step that shows the resetting of stakeen after nearly two years of intervening from the US Securities and Exchange Commission (SEC).
In 2023, KRAKEN was forced to suspend Stake Services in the United States because the SEC operated the platform unregistered programs and violated securities regulations. The company agreed to pay $ 30 million as part of the reconciliation. However, the new US administration, led by President Donald Trump, has shown a more encrypted approach, making it possible to resume this service.
How does Kraken work at Kraken?
Kraken’s stinking model to US users is “join” and means that the token is locked for a specific period. These assets will be delegated to the validator in charge of verification of transactions and creating new blocks on blockchain. In return, the user receives a reward and deducts a small price for the service.
In addition to Ethereum and Solana, other assets such as Polkadot and Cardano can be used for stakeen. With this provision, the platform aims to actively participate in the security of various blockchain networks and match the global crypto market trends.
The renewal of the service is the result of a positive change in the US cryptocurrency regulatory environment.
