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Kraken has launched a new onchain staking product for US clients, allowing users in 37 states and two territories to stake digital assets like Ethereum, Solana, Polkadot, and Cardano. The move follows regulatory challenges and settlement with the SEC, with the new service being fully compliant. Staking has become a popular way to earn rewards in the crypto industry, with Kraken aiming to restore parity with its international users.
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