Popular US cryptocurrency exchange Kraken has announced its plans to set up banks under pressure from the regulator.
Recently US Securities and Exchange Commission (SEC) by staking services securities law under the name breach allegedly 30 million $ fined and staking services indefinitely stop Kraken, who had to plans to establish a bank explained.
Kraken Legal Counsel Marco Santori The bundle he gave on the subject, “Kraken Bank” of the bank Very soon to do its launch He humorously declared:
We’re going to order thousands of those little chain pens and have our logo printed and placed on Wall Street bank desks.
Another crypto-linked bank already operating in the Sanori sector, Silvergate, has recently experienced financial problems about Kraken’s banking operations trustworthy One to the connection network Said he had it.
Santori also discontinued staking services on the stock market effects increasingly annoyed about Kraken’s financial situation, underlining that He tried to allay his concerns.
On the other hand, recently regulators have increasingly toughening policies Making statements about the US regulators, Santori said that the harsh attitudes of the US regulators outside active to unregulated stock markets pushing risk has increased stated.
strict regulations large and corporate the activities of the actors will not affect however your new ventures your way by making it difficult industry will slow down counsel, who stated that these decisions a dark anti-crypto lobby by that you are not given underlined. Santori said that the current environment is more about the sector. like-minded and krypton from the potential very available risks one who ponders regulator of your team result of their activities stated that.