news 
Title: Kraken Reopens Staking in US, Supports 17 Assets
Kraken, a leading cryptocurrency exchange, has announced the reopening of its staking service for users in the United States. This move comes after the exchange suspended staking activities in the US last year due to regulatory concerns.
As part of this resumption, Kraken will now support staking for 17 different assets, including major cryptocurrencies like Bitcoin and Ethereum, as well as a range of other altcoins. Staking allows users to earn passive income by participating in the validation process of certain blockchain networks.
In a statement released earlier today, CEO Jesse Powell highlighted the importance of this move for the wider cryptocurrency industry. According to Powell, Kraken serves as a bridge between traditional finance and the crypto space, allowing users to access these markets from familiar interfaces and platforms.
Furthermore, he emphasized that staking is a crucial component in fulfilling this mission and believes that its resumption will play a significant role in promoting the growth and adoption of cryptocurrency.
Source: coinjournal.net
