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K33 Research
Ahead of the curve - February 14

Ahead of the curve - February 14

Regulators sharpening their knives

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K33 Research
Feb 14, 2023
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K33 Research
Ahead of the curve - February 14
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Kraken’s $30m settlement with the SEC and ceased offering of staking as a service for U.S customers caused a broad negative market reaction. The SEC’s Wells Notice to Paxos related to BUSD, on the other hand, saw a more muted reaction in BTC compared to altcoins, with BNB taking the hardest blow leading to a weekly return of -10%.

Bitcoin is showing sign…

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