Bitstamp says the ongoing crackdown on cryptocurrencies has cost its U.S. staking business. Beginning Sept. 25, the Luxembourg-based exchange will no longer offer staking services in the U.S., meaning U.S. customers will stop getting staking rewards, Bitstamp said in a statement provided to PYMNTS Thursday (Aug....
The regulatory gaze deepens in the crypto sphere, and while the headlines seem focused on cryptocurrencies, the reverberations will be felt with stablecoins too. Much may be at stake with staking. As reported Tuesday (June 6), and as noted here, the Securities and Exchange Commission...
Coinbase has said it’s being probed by the U.S. Securities and Exchange Commission (SEC) for its staking programs, which lets users earn rewards by holding some cryptocurrencies, according to a filing this week. The company said it has received some investigative subpoenas and requests from...
To make a loyalty program work, customers have to view it as a two-way street. Which is by way of saying that blandly announcing that you’re canceling a best-in-class rewards program isn’t a good way to keep customers loyal. Or keep customers. Or, if you’re...
March 11, 2025
Rakurai, an infrastructure project centered around improving Solana staking, has raised $3 million. The company’s seed funding round will help support the launch of Rakurai’s Solana staking platform, designed to provide high-quality of service (QoS) transaction landing, Rakurai announced in a Tuesday (March 11) news release provided to PYMNTS. “Today’s funding news is one of […]
August 10, 2022
Coinbase has said it’s being probed by the U.S. Securities and Exchange Commission (SEC) for its staking programs, which lets users earn rewards by holding some cryptocurrencies, according to a...
March 31, 2019
The former CEO of defunct bitcoin exchange Mt. Gox is planning to appeal his conviction on data manipulation charges. Mark Karpeles said he decided to appeal because the Tokyo District...
