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As discussed earlier, the SEC has recently cracked down on exchanges that provide staking-as-a-service to clients. Because of this, it’s potential that ADA staking on exchanges is not going to be available in the near future. In earlier years, platforms like Kraken supplied the flexibility to stake Cardano directly on the change. SEC Chair Gary Gensler mentioned most of these choices are unlawful because they could probably be thought-about unregistered securities. Currently, exchanges like Coinbase and Crypto.com provide interest rewards for patrons who hold ADA on the platform.
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