Gary Gensler Jesse Powell Dave Ripley Usa Russia San Francisco Ukraine cryptocurrency SEC CEO Kraken Gary Gensler Jesse Powell Dave Ripley Usa Russia San Francisco Ukraine

Crypto Exchange Kraken Has No US US Securities And Exchange Commission Registration Plans, Says Incoming CEO

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Kraken new CEO said he sees no reason to register with the SEC as an exchange.Cryptocurrency exchange Kraken has no plans to delist tokens the U.S.

Securities and Exchange Commission has labeled as securities, or to register with the agency as a market intermediary, said incoming chief executive officer Dave Ripley on Thursday.The stance of the San Francisco-based platform, which says it has more than nine million clients, underscores the challenges the securities regulator is facing in its effort to rein in the crypto industry.Kraken, which made news earlier this year when it denied requests to block the digital wallet addresses of Russian users following the invasion of Ukraine, has long championed the libertarian values associated with cryptocurrency.

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