News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fintech

Coinbase’s ‘staking’ programme is under scrutiny by SEC

Coinbase charges a 25% commission for staking tokens on behalf of customers

Coinbase Global had at least one bright spot in a dismal quarter: commissions earned from “staking”, where investors can earn yield by locking up certain cryptocurrencies.

The problem? Coinbase says that very programme is under scrutiny by the Securities and Exchange Commission.

WSJ Logo