CryptocurrencyThe SEC, which stands out with its suppressive attitude towards crypto exchanges, filed a lawsuit against leading crypto exchange Kraken for its staking services.
compromise in this case Krakenhad stopped staking services in the USA.
Kraken, who took an innovative step after this decision, told The Block that he had the idea to establish his own bank.
Speaking to The Block Marco Santori, Kraken’s Chief Legal Officer, “The Kraken Bank” He stated that he is approaching the launch of his own bank named .
“Kraken Bank is on track to launch very soon.
We will order thousands of pens with our own logo and hang them on the desks of Wall Street banks.
We will provide our initial services to Kraken customers in the US and then to other customers.”
Refusing to discuss their agreement with the SEC in detail, Santori stated that the staking service is a small percentage of Kraken revenue.
Kraken The official also added that the SEC did not admit or deny any of the allegations in its complaint.
Finally, Santori stated that Kraken has a diversified bank group all over the world and that its banking relations are secure in this context.
“Kraken’s banking relationships are secure, but in general we are returning to a time when banks will be very careful about the accounts they open.”
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