Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security.
Ari Good is an attorney whose clients include payments companies, cryptocurrency exchanges and token issuers. His practice areas focus on tax, securities and financial services compliance matters. He received his JD from the DePaul University College of Law in 1997, his LL.M. in taxation from the University of Florida in 2005, and is presently a candidate for the Executive LL.M. in securities and financial regulation from the Georgetown University Law Center.