Tag: Kraken

Investment Advisor custody rule
Cryptocurrency Enforcement

Kraken to Discontinue Unregistered Offer and Sale of Crypto Asset Staking-As-A-Service Program and Pay $30 Million to Settle SEC Charges

Feb. 9, 2023, the SEC has taken action against Payward Ventures, Inc. and Payward Trading Ltd., commonly known as Kraken, for violating federal securities laws by failing to register the offer and sale of their crypto-asset staking-as-a-service program. Both Kraken entities have agreed to a settlement, which requires them to […]