SEC Investigating Crypto Exchange Kraken over Unregistered Securities
By
Darya Rudz
Even though Kraken CEO Dave Ripley does not consider it necessary to register with the SEC, Gary Gensler calls for crypto platforms to do so.
Payward Inc, operator of the Kraken bitcoin exchange, will help the collapsed Mt. Gox exchange investigate the loss of hundreds of thousands of bitcoins and manage the process of paying back its creditors.
Even though Kraken CEO Dave Ripley does not consider it necessary to register with the SEC, Gary Gensler calls for crypto platforms to do so.
Previously, Kraken Futures was functioning only on a web browser. Now, users of iOS or Android devices can enjoy the mobile version of the app.
The acquisition will allow Kraken to offer its exchange service to most Americans and Canadians.