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Kraken CEO Seemingly Regrets Decision To Settle With SEC; Urges Congress To Protect US Crypto Industry

"Congress must act to protect the domestic crypto industry and US consumers who will now be going offshore to obtain services no longer available in the US," Powell said in a tweet. ....

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SEC Announced $30 Million Settlement with Crypto Platform Kraken

The SEC announced a settlement with the digital assets, cryptocurrency exchange Kraken where Kraken agreed to cease offering or selling securities through its crypto asset staking services, and agreed to a penalty of $30 million. There has been criticism around the announcement. ....

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