GCEX’s collaboration with Hex Trust will enable GC Exchange A/S to offer its institutional and professional clients nine additional assets for staking, including ETH, HBAR, Flare, Apecoin, etc. The official announcement added that new asset types will be included in the future based on client demand. Michael Aagaard, Managing Director, GCEX Denmark said: We have…
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The official announcement highlighted that through the extension of their collaboration, GCEX can provide its clients with access to Komainu’s staking solutions, allowing them to earn rewards on their digital assets while remaining under secure, segregated custody. GCEX CEO, Lars Holst commented: We are delighted to extend our partnership with Komainu, giving our clients access…
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According to SEC’s complaint, Kraken has offered and sold its crypto asset “staking services” since 2019, advertising annual investment returns of as much as 21%. SEC Chair Gary Gensler commented: Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries, when offering investment contracts in exchange for investors’ tokens, need to provide the proper disclosures…
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The digital bank now offers nearly 100 different cryptocurrencies. However, staking will be initially limited to the Polkadot (DOT), Ethereum (ETH), Tezos (XTZ), and Cardano (ADA). Yields are said to range from 11.65% to 2.99% but not guaranteed. Crypto staking Crypto staking is when the holder of a cryptocurrency, who keeps it in a wallet,…
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