Ahead of the curve - February 14

Regulators sharpening their knives

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…