Summary: SEC Commissioner Hester Pierce disagreed with the regulator’s move to shut down Kraken’s staking service. Pierce noted that the decision was not a fair way of regulating the crypto industry and that digital asset staking models differ. Kraken was ordered to shut down its staking service for U.S. customers in addition to a $30 million fine for not registering its offering with the commission. The news emerged shortly after Coinbase CEO Brian Armstrong pointed to rumors about Gary Gensler’s
