Cryptocurrencies
Crypto Exchange Kraken Says It Will Probably Register With SEC
- Move would come after firm dismissed questions from New York
- CEO is also considering stock trading and going public
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Kraken, the digital-currency exchange that recently refused to respond to inquiries from New York’s top lawyer, seems to be warming up to regulators -- at least federal ones.
The San Francisco-based company, founded in 2011 in the wake of Mt. Gox’s collapse, will probably register with the U.S. Securities and Exchange Commission as regulators continue cracking down on cryptocurrencies, Chief Executive Officer Jesse Powell said.