Kraken’s chief legal officer says the exchange’s banking relationships are secure.
Highlights
- Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment.
- Kraken’s on-chain staking services for U.S.
- clients have been shuttering in the wake of the SEC charges that it violated securities laws.
- Chief legal officer Marco Santori says the exchange’s banking relationships are secure.
- Santori: Increased caution on the banking front could stifle innovation in the sector.
- He says he didn’t think there was a conspiratorial crackdown on the crypto sector in the United States, but the issue could become electoral fodder as the presidential race kicks off in the country kicks off this year’s presidential race begins in New Hampshire.
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