Kraken Exchange Considers Registering With SEC

.

Crypto Exchange Kraken Says it will probably register with SEC. The announcement made via Bloomberg, quoted the Chief Executive Officer, Jesse Powell, as saying, that the exchange was probably going to register as a Broker Dealer and then as an Alternative Trading System, which would meet the definition of “exchange” under federal securities law. He also remarked that they wouldn’t be required to register as a national securities exchange, if the ATS operates under the exemption provided by the Exchange Act Rule.

Stay up to date on crypto news!

Sign up for our newsletter for all the hottest crypto stories, ICO reviews, and insights from leading experts of the crypto world - four times a week.

You have been signed up!