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Crypto exchange Kraken has no U.S. SEC registration plans, says incoming CEO

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Reuters

By Hannah Lang (Reuters) – 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 …

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