Kraken's incoming CEO: No plans to register with SEC

Kraken's incoming CEO: No plans to register with SEC

Dave Ripley says he doesn't see a reason to register with the SEC as an exchange because Kraken does not offer securities to users. The newly appointed CEO of crypto exchange Kraken has stated that he has no plans to register the company with the Securities and Exchange Commission (SEC) or delist any tokens that have been labeled by the SEC as securities.In a Reuters report on Thursday, incoming CEO Dave Ripley said he doesn't see a reason to register with the SEC as an exchange because it does not offer securities."There are not any tokens out there that are securities that we're....


Related News

Newly Appointed Kraken CEO Has No Intentions To Register With SEC

According to a recent report, Kraken’s new CEO, Dave Ripley, announced that he does not intend to register Kraken with SEC. Security token offerings (STOs) started gaining traction in the crypto industry in 2017 and grew remarkably in 2018. The number of successful STOs increased over the years and is still growing. However, many crypto […]

Hash Watch: Kraken Announces BCH Fork Plans, Bitcoin ABC Reveals Two-Pronged ...

A number of third party infrastructure providers have announced contingency plans for the upcoming Bitcoin Cash upgrade on November 15, 2020. Hitbtc has revealed the exchange’s plans to halt bitcoin cash transactions on that day, and it plans to credit all users with an additional token if a blockchain split happens. Additionally, Kraken has announced plans for the fork as well with airdrop support requirements. The Bitcoin Cash (BCH) network will upgrade on November 15, 2020, and the latest feature that will be added to the network is the ASERT Difficulty Adjustment Algorithm....

Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says...

The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank’s foreign exchange reserves management team to invest in stocks. Growing the CNB’s Shareholding The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said gold is good for diversification because “it has zero correlation with stocks.” Therefore, under his stewardship, the CNB hopes to increase its....

Kraken Crypto Exchange Seeks EU License, Eyes Expansion in Europe

U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European Market by End of Year Kraken, a major digital asset exchange in the U.S., plans to reestablish its presence in the European Union this year, according to Handelsblatt. The publication notes the development comes as the crypto industry continues to mature, attracting more investors amid a market....

Kraken Charged by CFTC Over Margined Crypto Transactions, $1.25 Million Penal...

The Commodity Futures Trading Commission (CFTC) has charged Payward Ventures, the operator of cryptocurrency exchange Kraken, “for illegally offering margined retail commodity transactions in digital assets, including bitcoin, and failing to register.” CFTC Charges Kraken, Imposes $1.25 Million Penalty The Commodity Futures Trading Commission (CFTC) announced Tuesday that it has imposed a $1.25 million penalty on cryptocurrency exchange Kraken. The derivatives regulator issued an order filing and settling charges against Payward Ventures Inc., dba Kraken, “for....