To be clear, staking enables more people to participate in building the next generation of the internet. @GaryGensler’s regulatory purgatory strategy hurts everyday Americans the most - leaving them in the dust while these opportunities are accessible offshore.
Today @SECGov charged Kraken for the unregistered offer & sale of securities thru its staking-as-a-service program. Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries must provide the proper disclosures & safeguards required by our laws.

Feb 9, 2023 · 9:41 PM UTC

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Stepping back for a moment from what’s happening in the US – just in the last few weeks, the number of positive (or at least headed in the direction of CLARITY) global regulatory developments is energizing!
Can you please for the love of God do something?
I’m one of your MN residents. Please research this a bit more. Staking is dangerous. Follow: @Dennis_Porter_ @jameslavish @natbrunell @FossGregfoss @VailshireCap @saylor To name just a few. I do appreciate what you do for our state sir!
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Another great resource dedicated to the industry and educating many in the pitfalls of misunderstanding crypto and msm reporting.
There has been a ton of confusion over the word "blockchain" and many in legacy finance thinking it is somehow "the invention" that has an amazing future. The best signal from noise short clip I have ever seen is from Swan's very own @coryklippsten
The other thing Gary is missing in his video he talks about how cutting steak into 3 pieces you still have the same steak....Where is he when the US govt prints money cuts my steak into 3 pieces and takes 2 of my pieces.
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@GaryGensler this take is spot on. If we the people of this union get behind other countries and crypto is inevitable, we have done the American people a disservice and injustice. Rethink your policies.
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Not your keys, not your crypto. Gary is teaching the public about crypto currencies through enforcement. Not everyone is/was fortunate to take a class at MIT. I am behind him on this one.
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Why not create a fund for creditors in bankroptcy out of all these millions of fine/punishment money! This is how u can protect Americans! Pay those in Celsius, voyager, Gemini earn, Genesis, ftx, cred inc! Put the confiscated money into good use!
How can someone not elected by the people take away economic opportunities especially for low and middle income citizens?
A new day is coming Mr Ginsler???