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The point is to stop Kraken from offering an unregulated security, not to stop people choosing to stake their Lunas.
by cool_dude85 4y ago
The point is to stop Kraken from offering an unregulated security, not to stop people choosing to stake their Lunas.
- matthewdgreen 4y agoI think the point is to establish some precedent that what Kraken was offering actually was an unregulated security, something that might not have been completely clear before this. I doubt that the Fed is deeply concerned about Kraken beyond that.