SEC Sues Kraken: Crypto Exchange Plans to 'Vigorously Defend' Its Position in Court – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has sued cryptocurrency exchange Kraken for the second time this year, alleging that the crypto trading platform operates as an unregistered securities exchange, broker, dealer, and clearing agency. Kraken disagreed with the securities regulator’s claims, insisting: “We do not list securities, and plan to vigorously defend our position.” SEC…
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