Gary Gensler BANS Crypto Staking ( Kraken Crypto Ban )

1 year ago
59

The major catalyst for a crypto crisis just happened! Gary Gensler bans crypto staking in the US. Kraken cryptoexchange gets fined with $30M as crypto staking & lending is considered as selling unregister securities.

Michael Saylor attacks Charlie Munger from Berkshire Hathaway. Saylor destroys Munger on his latest media interview.

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Timestamps:
00:00 - Kraken Crypto Ban
0:58 - Gary Gensler on crypto unregister securities
02:10 - US Crypto Ban Staking
03:22 - How Cryptoexchanges will be affected by this ban
04:00 - Gary Gensler on Terra Luna & Anchor Protocol
05:22 - Staking as a service
06:30 - The challenge of being regulation compliant
08:10 - Risks for the banking system due to cryptocurrencies
09:12 - Celsius Bankruptcy
10:02 - Kraken stops staking services in the US
10:50 - Gary Gensler explains staking as a service (disclosure)

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Credits: @CNBCtelevision
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