It remains unclear whether the U.S. Securities and Exchange Commission’s (SEC) enforcement action against cryptocurrency exchange Kraken represents a broader crackdown on staking, according to Timothy Massad, former Commodity Futures Trading Commission (CFTC) chairman. Kraken’s staking programs, however, are rather different from those offered by other platforms, and “we don’t know at this time whether it was just those features that caused the SEC to bring that action or whether this does represent a broader attack on staking,” Massad said. (forkast)