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Kraken CEO: We Will Probably Register With the SEC

  • Published on: May 16, 2018 - 8:06 AM
  • Source: Live Bitcoin News

Cryptocurrency exchange Kraken has indicated that it is ‘probably’ going to register with the U.S. Securities and Exchange Commission (SEC) as regulators continue cracking down on the market. Speaking at the Consensus conference in New York, Jesse Powell, CEO of Kraken, said: We would probably get registered as a broker dealer and then an ATS. I don’t think it necessarily helps the business. I think we’re doing everything right anyway. According to the SEC, an ATS, or Alternative Trading System, is a ‘trading system that meets the definition of “exchange” under federal securities …

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