Coinbase Earnings To Take A Hit With Crypto Staking, Regulation Hurdles?

Coinbase Earnings News: The US Securities and Exchange Commission’s (SEC) recent actions on various players in the crypto industry could potentially have a long term impact on giants like Coinbase. The SEC’s restrictions on Kraken’s staking program could well leave a dent in its revenue streams, if the regulatory action drags on to other players. Or the SEC wanted to send a warning to the crypto companies? In his recent remarks, the agency’s Chair Gary Gensler said the only way the crypto businesses would survive is if they completely abide by the relevant guidelines.