Crypto:
32548
Bitcoin:
$95.988
% 1.58
BTC Dominance:
%55.0
% 0.81
Market Cap:
$3.44 T
% 0.06
Fear & Greed:
80 / 100
Bitcoin:
$ 95.988
BTC Dominance:
% 55.0
Market Cap:
$3.44 T

Breaking News | SEC Files Lawsuit Against Kraken Exchange!

Tempory 45

According to the latest minute information, The U.S. Securities and Exchange Commission (SEC) has sued popular crypto exchange Kraken Exchange!

There has been a new development in the crypto-currency ecosystem where regulations are increasing worldwide. The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against popular cryptocurrency exchange Kraken Exchange.

According to initial information, the SEC cites Kraken providing crypto trading platform services without any registration as the reason for the lawsuit.

You Might be Interested: Is The Trend Changing In Bitcoin?

No official announcement has been made by Kraken at the time of writing this article.

The lawsuit is at the heart of debates around regulation and legal legislation in the crypto market. The SEC is following a stricter line on regulations regarding cryptocurrencies, especially recently, and this situation affects important crypto exchanges like Kraken.

Previously, the SEC, who sued the Binance exchange, is demanding more than 4 billion dollars from Binance to end the lawsuit.

You can follow us on Google News to get instant access to our content!

Rate this post
READ:  Silvergate Bank Agrees to Settle After SEC Says the Crypto-Friendly Bank Made False Statements About AML Procedures

Leave a Reply

Your email address will not be published. Required fields are marked *